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Market Snapshot: U.S. stocks end lower, despite Powell vow to keep Fed policy supportive for some time

Stocks finished lower Wednesday after Federal Reserve Chair Jerome Powell said benchmark interest rates will remain near zero and policy will stay accommodative for some time, despite rising inflation......»»

Category: topSource: marketwatchApr 28th, 2021

The Fed is watching housing "carefully" and hopes builders catch up to the red-hot market, Chair Powell says

The market isn't showing "financial stability concerns" that fueled the 2008 bubble's pop, and is instead suffering from a supply shortage, he said. Federal Reserve Chair Jerome Pow.....»»

Category: topSource: businessinsiderApr 28th, 2021

Fed chief warns coronavirus recession could be lengthy, painful

Federal Reserve Chair Jerome Powell said widespread bankruptcies among small businesses and extended unemployment for many people remain a serious risk.“We ought to do what we ca.....»»

Category: topSource: chicagotribuneMay 13th, 2020

The Fed: Fed’s Powell says risks to U.S. economy remain, particularly from the coronavirus

Federal Reserve Chairman Jerome Powell said Tuesday that risks to the U.S. economy remain, particularly from the coronavirus......»»

Category: topSource: marketwatchFeb 11th, 2020

The Fed: A Fed in uncharted territory should be on lookout for risks, including inflation, Rosengren says

The Federal Reserve does not have much historical experience with accommodative interest rates and historically low unemployment rate, and should be alert to potential risks emerging, said Boston Fed President Eric Rosengren on Monday......»»

Category: topSource: marketwatchJan 13th, 2020

Fed chair says economy faces risks but is still in "good place"

The U.S. economy is in a good place though it faces some risks, Federal Reserve Chairman Jerome Powell said Friday in a brief speech that didn’t go into detail on the outlook for growth or interest rates......»»

Category: topSource: moneycentralOct 4th, 2019

Fed chair says economy faces risks but is still in "good place"

The U.S. economy is in a good place though it faces some risks, Federal Reserve Chairman Jerome Powell said Friday in a brief speech that didn’t go into detail on the outlook for growth or interest rates......»»

Category: topSource: moneycentralOct 4th, 2019

Fed"s Clarida hails strong U.S. consumer but says risks remain

The U.S. consumer sector is in excellent shape but risks to the economic outlook mean that the Federal Reserve will decide the course of interest rates from one meeting to the next, Fed Vice Chair Richard Clarida said on Friday......»»

Category: topSource: reutersSep 20th, 2019

Wall Street rebounds on rate-cut hopes

U.S. stocks rose on Tuesday, led by a rebound in the technology sector, as Federal Reserve Chair Jerome Powell said the central bank would act "as appropriate" to trade war risks, leaving the door open for a possible rate cut......»»

Category: topSource: reutersJun 4th, 2019

Wall Street gains on rate-cut hopes; tech leads rebound

U.S. stocks rose on Tuesday, led by a rebound in the battered technology sector, as Federal Reserve Chair Jerome Powell's said the central bank would act "as appropriate" to trade war risks, leaving the door open for a possible rate cut......»»

Category: topSource: reutersJun 4th, 2019

Powell downplays risks to emerging market economies from Fed policies

Emerging market economies should be able to manage as advanced economies move toward tighter monetary policy, said Federal Reserve Chairman Jerome Powell, on Tuesday.....»»

Category: topSource: marketwatchMay 8th, 2018

Fed walks careful line on trade, but downside risks emerging

Federal Reserve Chairman Jerome Powell's official line on U.S. trade policy is one of careful deference to the Trump administration, acknowledging it is outside the Fed's responsibility and that it might all turn out for the best......»»

Category: topSource: reutersJul 18th, 2018

Fed"s gradual rate hikes balance against risks: Powell

U.S. Federal Reserve Chair Jerome Powell said on Wednesday that while there was "a great deal to like" about U.S. prospects, the Fed's gradual interest-rate hikes are meant to balance risks as it tries to keep the economy on track......»»

Category: topSource: reutersNov 28th, 2018

Powell backs rate hikes; says financial risks contained

Federal Reserve Chair Jerome P.....»»

Category: topSource: reutersNov 28th, 2018

Instant View: Fed"s gradual rate hikes balance against risks - Powell

U.S. Federal Reserve Chair Jerome Powell said on Wednesday that while there was "a great deal to like" about U.S. prospects, the Fed's gradual interest-rate hikes are meant to balance risks as it tries to keep the economy on track......»»

Category: topSource: reutersNov 28th, 2018

Instant View: Powell pledges patience; says won"t quit if Trump asks

Federal Reserve Chairman Jerome Powell on Friday moved to mollify financial markets concerned about a U.S. economic slowdown, saying that while momentum is solid, the U.S. central bank will be sensitive to the downside risks the market is pricing in......»»

Category: topSource: reutersJan 4th, 2019

Fed"s Powell: "Patient" policy still warranted despite "solid" U.S. growth

Rising risks and recent soft data shouldn't prevent solid growth for the U.S. economy this year, but the Federal Reserve will remain "patient" in deciding on further interest rate hikes, Fed Chairman Jerome Powell said on Tuesday......»»

Category: topSource: reutersFeb 26th, 2019

Instant View: Powell - Fed remains patient deciding on further hikes

Rising risks and recent soft data shouldn't prevent solid growth for the U.S. economy this year, but the Federal Reserve will remain "patient" in deciding on further interest rate hikes, Fed Chairman Jerome Powell said on Tuesday......»»

Category: topSource: reutersFeb 26th, 2019

Fed Chair Signals No Rate Cuts in May on Heels of Latest Inflation Data

Federal Reserve Chairman Jerome Powell was clear in new remarks Tuesday that the central bank has no intention of cutting rates until the U.S. makes sustained progress in bringing down inflation. The Fed chief.....»»

Category: realestateSource: rismediaApr 17th, 2024

Vaccination and stimulus are fueling a rebound for America"s most depressed industries, Fed says

Inflation strengthened in recent weeks, the central bank said, but the uptick is consistent with the "transitory" rise long anticipated by Fed officials. Federal Reserve Chair Jerome Powell. Ma.....»»

Category: topSource: businessinsiderApr 28th, 2021