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  • Tag: Powell

Powell

  • January 9, 2019
  • Banking , Markets
  • Comments : 0

Powell says Fed ‘will be patient’ with monetary policy as it watches how economy performs.

KEY POINTS Fed Chairman Jerome Powell said the central bank will be “patient” in its approach to monetary policy. “There is no preset path” for raising rates or adjusting the balance sheet, Powell said during a roundtable with former Fed chairs Janet Yellen and Ben Bernanke. Powell said the ...
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  • December 7, 2018
  • Bussiness
  • Comments : 0

Fed’s Powell, in apparent dovish shift, says rates near neutral.

NEW YORK (Reuters) – U.S. Federal Reserve Chair Jerome Powell injected investors with a strong dose of optimism on Wednesday, saying that the central bank’s policy rate is now “just below” estimates of a level that neither brakes nor boosts a healthy U.S. economy, comments that many inve...
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