US Fed’s Powell says ‘time has come’ to lower interest rates | Inflation News
Fast rise in prices led the Fed to increase its benchmark policy rate from near zero to the highest range in a quarter of a century.United…
Fed Chair Jerome Powell indicates interest rate cuts are coming amid lowered inflation
Federal Reserve Chairman Jerome Powell Friday indicated interest rate cuts are coming amid positive economic data on inflation dropping to an annual rate of 2.5%.…
Powell may use Jackson Hole speech to hint at how fast and how far the Fed could cut rates
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressChristopher RugaberPublished Aug 20, 2024 • 4 minute read You can save this article by registering for…
‘Made in England’ review: Scorsese celebrates filmmaking duo
Those who believe that filmmaking is inherently collaborative know that the movies written, produced and directed by the Englishman Michael Powell and the Hungarian Emeric…
Restored Powell and Pressburger, plus the week’s best movies
Hello! I’m Mark Olsen. Welcome to another edition of your regular field guide to a world of Only Good Movies.I recently sat down with Michael…
Fed Chair Jerome Powell backs interest rate cut before inflation drops to 2%
Jerome Powell, chairman of the Federal Reserve, testifies at the Senate Banking, Housing, and Urban Affairs hearing on March 7. On Monday at the Economic…
US Fed’s Powell cites slowing job market in signal rate cuts may be coming | Inflation News
The United States Federal Reserve faces a cooling job market as well as persistently high prices, Chairman Jerome Powell has said in testimony to the…
Jerome Powell suggests to Congress that Fed will hold on interest rates for now
Jerome Powell, chairman of the Federal Reserve, testifies at the Senate Banking, Housing, and Urban Affairs hearing on March 7. He told the committee on…
Fed’s Powell Testifies as Inflation, Hiring Cool
Breadcrumb Trail LinksPMN BusinessJerome Powell is likely to tell lawmakers that Federal Reserve officials need further confirmation inflation is slowing before they’re in a position…
Glen Powell said no to ‘Top Gun,’ so Tom Cruise rewrote role for him
Before Glen Powell was Hollywood’s most in-demand leading man, he spent years losing out on major roles. But when he finally got the call that…
Caroline Powell wins at Badminton as William Fox-Pitt bows out
New Zealand's Caroline Powell claimed victory in the Badminton Horse Trials as Britain's William Fox-Pitt confirmed this year's event is his last.Fox-Pitt was second going…
Powell Is Poised to Keep Fed on Higher-for-Longer Path
Breadcrumb Trail LinksPMN BusinessJerome Powell’s remarks in the coming week will be closely parsed by investors for any clues on just how long the Federal…
Ivica Zubac, Norman Powell spark Clippers to win over Bulls
The day began with Clippers coach Tyronn Lue unable to do his pregame interview session because he wasn’t feeling well. The day continued with the…
Sydney Sweeney hosts ‘SNL,’ and Glen Powell makes a cameo
Sydney Sweeney’s debut as “Saturday Night Live” guest host was a smooth one. The star of “Euphoria” and “The White Lotus” showed in sketch after…
Fed’s Powell to Double Down on ‘No Rush to Cut’ Message
Breadcrumb Trail LinksPMN BusinessFederal Reserve Chair Jerome Powell is expected to double down on his message that there’s no rush to cut interest rates, especially…
Fed’s Powell: ‘Urgent’ for US to focus on debt sustainability
Powell’s comments, punctuated by caveats that the Fed shouldn’t be telling Congress what to do (“It’s not our business”), come as lawmakers wrangle over the…