Tag: Jerome Powell

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    Bank of England holds interest rates steady after August cut

    Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024. The central bank's...

    CNBC Daily Open: Markets need time to digest the 50-point cut

    Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William...

    Powell downplays impact of rate cut on Trump-Harris presidential race

    Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate...

    Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years

    WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half...

    Weekly mortgage demand surges 14% higher as interest rates hit two-year low

    A home with a "Sold" sign from a real estate company in North Patchogue, New York.Steve Pfost | Newsday | Getty ImagesMortgage rates...