Powell, Jerome H – Page 21

Jerome Powell Says It’s Too Soon to Guess When Rates Will Drop

The Federal Reserve chair said officials could still raise rates “if” that becomes necessary, and that it’s too soon to guess when they will ease.

By Jeanna Smialek

Jerome H. Powell, the central bank’s chair, has been interrupted recently by a climate group that thinks disruption will win the day.

By Jeanna Smialek

The Personal Consumption Expenditures price index continued to cool and consumer spending was moderate, good news for the Federal Reserve.

By Jeanna Smialek

Minutes from the Federal Reserve’s early November meeting suggested another rate increase remained possible, but officials were in no hurry.

By Jeanna Smialek