Federal Reserve Chair Jerome Powell said during a press conference on Wednesday. "You see job growth still strong but moving back down to more sustainable levels given population growth and labor force participation," Powell said, adding that the "era of this frantic labor shortage is behind us...
You can watch the Fed’s press conference live beginning at 2:30 p.m. ET todayat this link.
"If we need to raise rates higher, we will," Powell said in the press conference. "I think for now, though ...we see the likelihood of credit tightening. We know that that can have an effect on the macro economy." The chairman said the Fed will also watch inflation and the labor ...
"Of course, these projections do not represent a committee decision or plan, and no one knows with any certainty where the economy will be a year or more from now," Fed Chair Jerome Powell said Wednesday afternoon at a virtual press conference. Noting that every Fed meeting is "a live me...
LIVE WATCH LIVE: Fed holds press conference after interest rate decisionJerome Powell speaks after Fed announces interest rate decision. Facebook Twitter Email Copy to clipboard Copy to clipboard Live Now All times easternNOW - 10:00 AM 10:00 AM 10:30 AM 11:00 AM 11:30 AM...
The heated argument, which involved Vice President JD Vance, led to the cancellation of the presidents' planned press conference and signing of a deal that would give the U.S. access to Ukraine's wealth of mineral resources. Latest headlines: 7:20 AM CST Trump doesn't 'trust or di...
Here’s Fed Chair Jerome Powell speaking live at the U.S. central bank’s November post-meeting press conference. Logan Jacoby 11/7/2024, 2:43 PM EST Stocks hold steady as Fed’s rate cut arrives Stocks largely remained unchanged Thursday afternoon after the Fed announced a 25-basis-point...
The heated argument, which involved Vice President JD Vance, led to the cancellation of the presidents' planned press conference and signing of a deal that would give the U.S. access to Ukraine's wealth of mineral resources. Latest headlines: 7:20 AM CST Trump doesn't 'trust or di...
TheS&P 500reacted to Fed chair Jerome Powell's press conference with all sectors sliding into negative territory after initially moving up after the statement. The S&P 500 is down 1.2% as of 2:55 p.m. TheDowandNasdaqare also both down 0.5% and 1.5%, respectively. ...
During his customary post-announcement press conference, Federal Reserve ChairJerome Powellwas asked whether the committee stood by its September predictions for another rate cut in December and then possibly a full-point reduction in 2025. Powell stated he wouldn't be able to speak to committee...