Tag: Jerome Powell
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US Jobs Data Will Help the Fed Gauge the Extent of Its Moderation
(Bloomberg) -- Upcoming readouts on the US labor market, including the monthly payrolls report, will give Federal Reserve policymakers insight into the need for...
Fed’s preferred inflation gauge shows prices increased in line with Wall Street’s expectations in July
The latest reading of the Fed's preferred inflation gauge showed prices increased at a pace in line with Wall Street's expectations in July.The core...
Peter Schiff warns of a ‘crashing’ economy, calls Fed’s pivot ‘a mistake’ — but says 1 asset will go ‘through the roof’
Since the U.S. Federal Reserve started initiating consistent interest rate hikes in March 2022 to combat inflation, investors have been grappling with two key...
The Fed Just Flagged Its First Interest Rate Cut Since March 2020. It Might be Bad News for Stocks.
"The time has come for policy to adjust." Those were the words of Federal Reserve Chairman Jerome Powell on Friday at the annual Jackson...