World News Story Fed S Powell We May Well Bbe In A Recession

Recession fears mount as Fed says more rate cuts could follow hiring slowdown

This is read by an automated voice. Please report any issues or inconsistencies here. A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said ... Read More

The Fed makes a second interest rate cut. Here’s what will — and won’t — change for your money.

The Federal Reserve cut interest rates again for the second straight meeting, a sign that officials are more focused on safeguarding the job market and shielding the economy from a recession than ... Read More

Fed divisions threaten Powell's era of consensus

Disagreement and dissent among the Federal Reserve's 19-strong monetary policymaking committee is deepening as the fog of economic uncertainty thickens, putting Chair Jerome Powell's ... Read More

Powell Signals Fed May Not Cut Again This Year. Here’s Why.

Powell acknowledged “strongly different views” within the Federal Open Market Committee during October’s policy decision. Read More

Fed reduces interest rate by a quarter point, Powell says December cut not guaranteed

The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ... Read More

Trump-appointed Federal Reserve governor breaks ranks with Jerome Powell — here’s why that matters for markets

A day earlier, while speaking at an APEC CEO’s event in South Korea, Trump referred to Powell as “incompetent” and by the nickname “Too Late” before adding that, after the Fed Chair’s term expires ... Read More

Fed Chairman Jerome Powell Just Hinted at a Change That Seems Positive for the Stock Market. But Should Investors Actually Be Worried?

The Fed's potential ending of quantitative tightening policies seems to be good news for investors. However, there's a more complicated picture. An end to quantitative tightening by the Fed might not ... Read More

Recession fears mount as Fed says more rate cuts could follow hiring slowdown

A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more this year. Read More