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Showing 11 - 20 of 143 results for "Jerome"

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
The Federal Reserve cut interest rates overnight, in line with market expectations, but chair Jerome Powell faced a raft of questions over President-elect Donald Trump returning to the White House. The Fed continued its policy easing cycle with a 25 ...

Fed's Powell says 'time has come' to cut rates

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
US Federal Reserve chair Jerome Powell has declared that inflation is on a sustainable path back to the 2% target and the "time has come" to start cutting interest rates. Powell spoke to global central bankers, policymakers, economists, and academics ...

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... 3.4%. However, deVere group chief executive Nigel Green said the marginal decline in inflation, combined with Fed chair Jerome Powell's recent congressional testimony, has spurred market speculation about faster rate cuts. "The inflation figures ...

US looks towards rate cuts, Australia lags behind

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
A raft of economic data came out from the US overnight with US Federal Reserve chair Jerome Powell indicating the US could cut interest rates at least once this year. A lower-than-expected May CPI print was encouraging, but the FOMC still kept its funds ...

Value versus growth: Market expectations in 2024

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... Ross. The initial forecast for this year included six rate cuts and no recession, which is an unlikely scenario. She said Jerome Powell has emphasised the need to closely monitor data. Inflation has decreased but remains around 3%, largely due to housing ...

Powell backflips on rates pushing back RBA cut expectations

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
US Federal Reserve chair Jerome Powell has changed his tune over the possibility of upcoming interest rate cuts, which means it could be an even longer wait here in Australia. Powell said recent US inflation data had not given policymakers enough confidence ...

Powell confirms rate cuts likely 'at some point' this year

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... await interest rate cuts, with the US central bank indicating they should arrive this year. Now US Federal Reserve chair Jerome Powell has confirmed the bank is targeting a rate cut "at some point this year". "Powell reiterated that the better than forecast ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... but economic growth and the labour market are stronger-essentially, a soft landing," Shah said. US Federal Reserve chair Jerome Powell downplayed the importance of recent inflation prints, and instead referred to the expected inflation path as "bumpy." ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... (Fed) initiates its own cuts, which are not expected to start before May, in line with recent indications from Fed chair Jerome Powell against a March interest rate cut. Regarding today's RBA monetary policy meeting, a Finder survey of 27 economists ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... until it gains greater confidence that inflation is moving sustainably toward 2%. During a press conference, Fed chair Jerome Powell pushed back against the idea of a policy rate cut in March, calling it "unlikely" as a result of the lingering uncertainty ...