Fed, Jerome Powell
Powell’s Outsized Influence Signals Smaller Fed Cut, Nomura Says
The Federal Reserve is likely to downsize its rate cuts to 25 basis points at both the November and December policy meetings, according to Aichi Amemiya at Nomura Securities International.
Powell says more interest rate cuts are ahead, but Fed is not in a hurry
Why it matters: For now it looks likely that the U.S. economy could avoid a recession as inflation plunges and the labor market remains healthy. Powell signaled that lower rates could help guarantee a so-called "soft landing," but cautioned that some risks remain.
Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy.
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected.
Fed Sees No 'Hurry' to Cut Rates as Confidence in Economy Grows, Powell Says
GDI is an alternate measure of economic growth, similar to gross domestic product, but with income rather than output as the yardstick. A gap between the two led Fed officials to worry that output might be weaker than thought, but the two converged when the estimate of GDI was increased.
Fed Rate Cuts Are Less Urgent After Powell Made Breathing Space. Here’s Why and 5 Other Things to Know Today.
OpenAI nearly doubles valuation to $157 billion in latest funding round, Tesla deliveries rose but analysts wanted more, and other news to start your day.
Katy O’Brian Joins Glen Powell in ‘The Running Man’ For Edgar Wright, Paramount (Exclusive)
The feature is based on the 1982 Stephen King novel about a totalitarian regime that uses violent game shows to placate the ...
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Columbus man sentenced for using grocery store to launder drug money, profiting $1 million
A Columbus man was sentenced to six years in prison for using a grocery store as a front to launder drug trafficking money, ...
Motorcyclist critically injured in east Columbus crash
Officers with the Columbus Division of Police were called on a report of a crash involving a motorcycle and a car at East ...
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Columbus Mayor Andrew Ginther discloses how much money city has spent on cyberattack
More is being revealed about just how much the data breach is costing the City of Columbus. NBC4 Investigates was the first to tell Columbus residents that private ...
Twenty One Pilots recording Columbus concert for new live album
Fans that scored tickets to the hometown duo's first Columbus show could hear their voices on the band's next album.
3 men arrested for murder in north Columbus deadly shooting
Three men were taken into custody for a deadly shooting in the Linden area last month.Columbus police saidSincere Langford, ...
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Columbus board member releases recording to distance herself from school closings memo
Columbus board member releases recording to distance herself from school closings memo https://nbc4i.co/3zEWDJI Friday night forecast 10.4.24 ...