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PublishedApril 3, 2024
Powell says Fed has time to assess data before deciding to cut
Federal Reserve Chair Jerome Powell reiterated his expectation that it will likely be appropriate to begin lowering rates 'at some point this year.'
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PublishedMarch 29, 2024
Powell says Fed wants to see ‘more good inflation readings’ before it can cut rates
The resulting higher borrowing costs helped bring inflation down – from a peak of 9.1% in June 2022 to 3.2% last month.
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PublishedMarch 6, 2024
Powell reiterates Fed needs more confidence on inflation to cut
Federal Reserve Chair Jerome Powell is on Capitol Hill for the first of 2 days of his semiannual monetary policy testimony and is scheduled to appear before the Senate Banking Committee on Thursday.
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PublishedDecember 22, 2023
Federal Reserve’s favored inflation gauge tumbles in November as prices continue to ease
Friday's report from the Commerce Department showed that U.S. consumer prices slid 0.1% last month from October and rose 2.6% from November 2022.
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PublishedDecember 1, 2023
Fed’s Powell notes inflation is easing but downplays discussion of interest rate cuts
Powell's remarks Friday follow comments from a raft of Fed officials this week, with most of them signaling that the Fed can afford to keep its key rate steady in the coming months.
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PublishedMay 19, 2023
Federal Reserve Chair hints at a pause in rate hikes when central bank meets in June
Powell said the central bank's benchmark rate, which affects many consumer and business loans, is now high enough to restrain borrowing, spending, and economic growth.
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PublishedNovember 16, 2022
Key Fed official says he’s open to slowing hikes in December
Christopher Waller and some other Federal Reserve officials have suggested that the central bank will likely slow the pace of its interest rate hikes beginning in December.
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PublishedJune 15, 2016
Fed keeps interest rates unchanged
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PublishedDecember 16, 2015
Fed raises interest rate to 0.5 percent
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PublishedApril 16, 2014
Federal Reserve Bank of Boston chief says Fed to consider ‘wide range’ of indicators when considering interest rate
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