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Powell: Low rates, inflation and economic growth is "new normal"

Federal Reserve Chairman Jerome Powell told lawmakers the outlook for the U.S. economy is good but lower economic growth, along with low interest rates and low inflation was the 'new normal.'.....»»

Category: videoSource: reutersNov 13th, 2019

Powell "Throws In The Towel" On Growth & Inflation, Sees No More Rate-Hikes In 2019

Summary: Fed leaves rates unchanged, says economic growth has slowed form Q4, even as labor market still st.....»»

Category: blogSource: zerohedgeMar 20th, 2019

Powell Says Fed Should Keep Gradually Raising Interest Rates

Federal Reserve Chairman Jerome Powell told a Senate panel strong economic growth and stable inflation should keep the central bank on track to gradually raise short-term interest rates......»»

Category: smallbizSource: wsjJul 17th, 2018

US tech stock futures slide as 10-year yield surges past 1.7% after Fed raises growth and inflation forecasts

US bond yields rose sharply in European trading after the Fed decision, dealing a fresh blow to tech stocks. Fed chair Jerome Powell said the central bank was not thinking of cutting back on economic support Mark Wilson/Getty Images The key U.....»»

Category: personnelSource: nytMar 18th, 2021

Fed boosts U.S. economic growth projection to 6.5% this year, holds rates near zero

Growth this year is set to be the fastest since 1984, but higher inflation looms as a threat. Growth this year is set to be the fastest since 1984, but higher inflation looms as a threat......»»

Category: topSource: latimesMar 17th, 2021

The Fed will cut interest rates next week, Goldman predicts

Fed Chairman Jerome Powell has cited uncertainty from the U.S.-China trade war, muted inflation and a slowdown in global growth to justify previous cuts......»»

Category: topSource: foxnewsOct 25th, 2019

Fed"s Powell says US central bank will keep economy in "good place" for as long as possible

Challenges to the economic expansion include low inflation, low employment and low interest rates, Powell said......»»

Category: topSource: foxnewsOct 4th, 2019

Fed"s Powell says US central bank will keep economy in "good place" for as long as possible

Challenges to the economic expansion include low inflation, low employment and low interest rates, Powell said......»»

Category: topSource: foxnewsOct 4th, 2019

Fed"s Powell vows to keep economy in a "good place" for "as long as possible"

Those challenges include low growth, low inflation and low interest rates. .....»»

Category: topSource: foxnewsOct 4th, 2019

Powell says economy facing long-term challenges of "low growth, low inflation, low interest rates"

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchOct 4th, 2019

Fed cuts interest rates, signals holding pattern for now

Describing the U.S. economic outlook as "favorable," Fed Chair Jerome Powell said the rate cut was designed "to provide insurance against ongoing risks" including weak global growth and resurgent trade tensions......»»

Category: topSource: moneycentralSep 18th, 2019

Fed cuts interest rates, signals holding pattern for now

Describing the U.S. economic outlook as "favorable," Fed Chair Jerome Powell said the rate cut was designed "to provide insurance against ongoing risks" including weak global growth and resurgent trade tensions......»»

Category: topSource: moneycentralSep 18th, 2019

Moderate U.S. consumer spending, inflation back Fed rate cut

U.S. consumer spending and prices rose moderately in June, pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates on Wednesday for the first time in a decade......»»

Category: topSource: reutersJul 30th, 2019

Fed Chair Powell Suggests When Interest Rates Cuts Will Be Appropriate

With the economic data having been far less robust and with growth slowing here and abroad, the financial markets have been a bit impatient and anxious about when exactly the next Fed interest rate........»»

Category: blogSource: 247wallstJul 10th, 2019

Moderate U.S. consumer spending, inflation support rate cut

U.S. consumer spending increased moderately in May and prices rose slightly, pointing to slowing economic growth and benign inflation pressures, which could give the Federal Reserve ammunition to cut interest rates next month......»»

Category: topSource: reutersJun 28th, 2019

U.S. consumer spending, inflation rise moderately in May

U.S. consumer spending increased moderately in May and prices rose slightly, pointing to slowing economic growth and benign inflation pressures, which could give the Federal Reserve ammunition to cut interest rates next month......»»

Category: topSource: reutersJun 28th, 2019

Fed may cut rates if inflation keeps disappointing: Bullard

Further weakness in inflation could prompt the U.S. Federal Reserve to cut interest rates, even if economic growth maintains its momentum, James Bullard, President of the Federal Reserve Bank of St. Louis, said on Wednesday......»»

Category: topSource: reutersMay 22nd, 2019

Economic Report: Mortgage rates tumble as one economist waves the white flag

Rates for home loans fell again, overcome by all the same factors that have dogged financial markets for the past decade, including low inflation and unease about economic growth......»»

Category: topSource: marketwatchMay 2nd, 2019

Fed keeps interest rates steady as U.S. economy motors along

The Federal Reserve held interest rates steady on Wednesday as policymakers took heart in continued U.S. job gains and economic growth and held out hope that weak inflation will edge higher......»»

Category: topSource: reutersMay 1st, 2019

U.S. Fed sees no strong case for hiking or cutting rates

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled little appetite to adjust them any time soon, taking heart in continued job gains and economic growth and the likelihood that weak inflation will edge higher......»»

Category: topSource: reutersMay 1st, 2019

Strong U.S. growth, weak inflation leave Fed stuck happily on hold

The Federal Reserve is expected to hold interest rates steady at its policy meeting this week as policymakers balance recent stronger-than-expected U.S. economic growth against sluggish inflation......»»

Category: topSource: reutersApr 29th, 2019