Fed Chair Powell: Economy is Stronger Than We Thought
On December 4, 2024, Federal Reserve Chair Jerome Powell spoke at the New York Times DealBook Summit. He shared his thoughts on the economy and the Fed’s plans. Here are the main points: Fed’s Independence Fed chair Powell stressed that the Fed needs to set interest rates without political pressure. This independence helps the Fed […]
Chair Powell: No Urgency for Immediate Rate Cuts
On November 14, 2024, Jerome Powell, the Chair of the Federal Reserve, delivered an insightful speech in Dallas, Texas, highlighting the current state of the U.S. economy and the Federal Reserve’s monetary policy. His speech covered various aspects of economic growth, labor market conditions, inflation, and the Fed’s future policy direction. Jerome Powell’s Speech in […]
FOMC Cuts Interest Rates to 4.75% [25 bps Cut]
The Federal Open Market Committee (FOMC) is a key component of the Federal Reserve System (the Fed) in the United States. It is responsible for overseeing open market operations, which include buying and selling U.S. Treasury securities. The FOMC makes crucial decisions about interest rates and the growth of the U.S. money supply. Established formally […]
FOMC Meeting Highlights
The Federal Open Market Committee (FOMC) is a branch of the Federal Reserve System responsible for overseeing the nation’s open market operations. This includes making key decisions about interest rates and the growth of the United States money supply. The FOMC meets several times a year to discuss and set monetary policy. Their target is […]
Powell’s Speech at Nashville [SEP. 30]
Federal Reserve Chair Jerome Powell spoke today at the National Association for Business Economics (NABE) Annual Meeting in Nashville. The National Association for Business Economics (NABE) is a professional association for business economists and others who use economics in the workplace. Founded in 1959, NABE provides a platform for economic professionals to share knowledge, discuss […]
FOMC Cuts Interest Rates by 50 Basis Points
The Federal Open Market Committee (FOMC) is a branch of the Federal Reserve System responsible for overseeing the nation’s open market operations. This includes making key decisions about interest rates and the growth of the United States money supply. The FOMC meets several times a year to discuss and set monetary policy, aiming to achieve […]
