CRE was overjoyed by the Federal Reserve's 50 basis point cut, Andy Jassy's return to work edict and some big Bronx sales.

Fed Meeting is scheduled to take place between 17 and 18, after which the Fed is expected to announce an interest rate cut.

Federal Reserve Chair Jerome Powell strongly emphasized labor market data in his Jackson Hole speech. But Powell's speech was too narrow, and could be "misleading the public," economist Adam Posen ...

While the recession is not so impending, persistent inflation could lead to a recessionary situation, Jerome Powell, chairman of the board of US Federal Reserve, said during a news conference.

“The danger of the yen carry trade unwind will reappear and could derail the party unless “real food” in the form of central bank balance sheet expansion, aka money printing ... His comments came ...

Last week at the Jackson Hole Economic Symposium, an annual gathering of central bankers and other economic pooh-bahs from around the world, Federal Reserve Chairman Jerome Powell declared that ...

Jackson Hole, Wyoming | Federal Reserve chairman Jerome Powell on Friday (Saturday AEST) endorsed an imminent start to interest rate cuts, saying further cooling in the job market would be ...

US Federal Reserve Chairman Jerome Powell articulated US interest rates will “fall in the near term”, according to CommSec’s Tom Piotrowski. “Mercifully, Mr Powell basically articulated ...

Mr. Powell and I haven't always seen eye for eye. In his latest speech at the Jackson Hole symposium, Mr. Powell defended his 2021 call that inflation was transitory, saying: The good ship ...

Jerome Powell’s language at the closely watched Economic Policy Symposium was a touch stronger than expected. If markets start to sell off now they might be fighting the Fed. Apart from a higher ...

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The time has finally come for a rate cut. That was the takeaway of Fed Chair Jerome Powell's remarks in Jackson Hole on Friday when he let the world know to expect a cut at the next Fed ...