Jerome Powell Sounds the Alarm: Lessons from the 2014 Treasury Market ShockPowell emphasized Treasury market volatility and collaboration among financial institutions at the 2024 U.S. Treasury Market Conference.
Fed's Powell hints at interest rate cuts, but adds more evidence neededFederal Reserve Chair Jerome Powell hinted at a possible interest rate cut during Tuesday's European Central Bank forum in Portugal.
Fed Chair Powell: No Plans for Interest Rate Cut Amid Strong EconomyJerome Powell, Chair of the U.S. Federal Reserve (Fed), has scuttled the market’s hopes for a cut in the benchmark interest rate. According to the Wall Street Journal (WSJ) on the 16th (local time), Powell said at an economic forum in Washington, D.C., “Recent indicators have not given us more confidence. Rather, it suggests that […]
Federal Reserve Chair Powell Cautious on Long-Term Outlook Despite Interest Rate HikeFederal Reserve officials raised the long-term target interest rate on March 20th (local time). However, Jerome Powell stated that this does not necessarily signal a continuous rate increase. The current target rate is between 5.25% and 5.50%, with a forecasted rate cut of 0.75% this year. The administrators have raised the long-term forecast for the […]
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