{"id":2038760,"date":"2023-09-20T13:38:02","date_gmt":"2023-09-20T17:38:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-live-federal-reserve-chairman-jerome-powell-addresses-interest-rate-decision\/"},"modified":"2023-09-20T13:41:06","modified_gmt":"2023-09-20T17:41:06","slug":"watch-live-federal-reserve-chairman-jerome-powell-addresses-interest-rate-decision","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-live-federal-reserve-chairman-jerome-powell-addresses-interest-rate-decision\/","title":{"rendered":"LIVE: Fed Chair Jerome Powell speaks on interest rate decision."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwatch-live-federal-reserve-chairman-jerome-powell-addresses-interest-rate-decision%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2038760&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Federal Reserve\u200c Chairman Jerome Powell Holds Press Briefing on \u2064Interest Rate Decision<\/h2>\n<p>Federal Reserve Chairman Jerome Powell\u2062 is currently holding a highly anticipated\u200c press\u200b briefing to announce the interest \u2064rate\u2064 decision. It is widely expected\u200c that officials will keep the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/japan-announces-485-billion-economic-package-to-counter-rising-inflation\/\" title=\"Japan Announces 5 Billion Economic Package to Counter Rising Inflation\">interest rate unchanged<\/a>\u2063 in Wednesday&#8217;s announcement. This comes \u2063as the rate\u2062 of inflation shows\u200b signs of easing up, while oil prices continue to surge.<\/p>\n<h3>Consumer Price Index and Oil\u200d Prices<\/h3>\n<p>The Office\u2063 for National\u2064 Statistics recently reported that\u2064 the\u200d consumer price \u200bindex stood at 6.7% last month, slightly lower than the 6.8% reading in July. However, there are \u200cconcerns that the recent \u200cincrease in global oil prices could worsen inflation. Energy costs \u2063have also spiked, with \u2064fuel oil experiencing a 9.1% increase in August\u2064 compared \u200bto 10.6% in July.<\/p>\n<p>To\u2064 read more about this topic, <a href=\"https:\/\/www.washingtonexaminer.com\">click here<\/a> \u2062to visit The Washington Examiner.<\/p>\n<p>Powell is scheduled to announce the\u200b <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/inflation-nation-uk-sees-largest-decline-in-wages-since-2014\/\" title=\"Inflation Nation: UK Sees Largest Decline in Wages Since 2014\">latest interest rate<\/a> at 2:30 p.m. EDT.<\/p>\n<p> <\/p>\n<h2> How \u2064does the recent dip in the \u2064<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/manchin-every-senator-thinks-minimum-wage-should-be-increased\/\" title=\"Manchin: Every Senator Thinks Minimum Wage Should Be Increased\">consumer price index<\/a> affect the Federal Reserve&#8217;s perspective on inflation?<\/h2>\n<p><span>  Federal Reserve Chairman Jerome\u200b Powell held\u2063 a highly anticipated press briefing today\u200b to announce the decision on\u200d interest \u200brates. It is \u200cwidely expected that\u2064 officials will keep the \u200binterest\u200c rate\u200c unchanged in Wednesday&#8217;s\u200c announcement. This decision comes at a\u200b time when \u200bthe\u2063 rate\u200b of inflation \u200dis showing signs of easing \u2062up, while oil prices continue \u2063to surge.<\/p>\n<p>The Office \u2064for \u2062National Statistics recently reported that the consumer \u2064price index stood at 6.7%\u2063 last month, slightly \u200clower than the 6.8% reading in July. While this shows a slight improvement, there \u2064are\u200d concerns that the recent increase in global oil\u200b prices could worsen \u2063inflation. Energy costs have also spiked,\u2062 with fuel oil\u2063 experiencing a 9.1% \u2064increase\u200b in \u200dAugust compared to 10.6% \u2063in July.<\/p>\n<p>The \u2062Federal Reserve\u2062 is closely monitoring\u200b these developments, as they play a crucial role in determining\u200b the\u200d interest\u200b rate\u2063 policy. The\u2063 interest rate decision has significant \u200cimplications for the economy and financial markets, affecting borrowing \u2064costs for\u2063 businesses and consumers.<\/p>\n<p>Powell&#8217;s press briefing is highly anticipated as \u2063it provides \u200binsights into the Federal Reserve&#8217;s thinking and potential \u200bfuture actions. Investors and economists closely analyze his remarks \u200cfor any hints about the future direction of monetary policy. Given the current \u200beconomic landscape, where there are mixed signals about inflation \u2064and the ongoing surge in oil prices, \u2062Powell&#8217;s comments \u200care expected to provide\u200d valuable insights \u200binto the Federal Reserve&#8217;s stance.<\/p>\n<p>Market participants\u200d are particularly interested\u200d in understanding the Federal Reserve&#8217;s perspective on inflation expectations. The recent dip in the consumer price index could\u200d be temporary, or it could signal a more sustained slowdown. Powell&#8217;s \u2064remarks during the press \u200bbriefing will help shed light on \u2064the Federal \u2064Reserve&#8217;s outlook and potential policy responses.<\/p>\n<p>In\u200d addition to inflation, \u200bPowell may also address other economic indicators, such as employment and GDP growth.\u200d These factors \u200cplay a significant role in shaping the Federal Reserve&#8217;s decision-making process. A robust labor market and strong economic growth could \u2062argue for a more hawkish stance\u200d on\u200b interest rates, whereas weakness in these areas could support a dovish approach.<\/p>\n<p>Investors and analysts will be closely following Powell&#8217;s press\u200c briefing to gauge the Federal Reserve&#8217;s response \u2062to\u2062 the\u2062 current economic trends. The interest rate decision and the accompanying remarks will have implications not \u2064only for financial markets but also for businesses and\u2062 consumers. The Federal Reserve&#8217;s actions and statements\u2063 play\u2063 a vital role in managing the economy and maintaining price stability.<\/p>\n<p>In conclusion, today&#8217;s \u200bpress briefing by Federal Reserve Chairman Jerome Powell regarding the interest rate decision \u200dis highly anticipated. The decision to keep the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-live-federal-reserve-chairman-jerome-powell-addresses-interest-rate-decision\/\" title=\"LIVE: Fed Chair Jerome Powell speaks on interest rate decision.\">interest rate unchanged\u2063 amidst easing inflation<\/a> \u2062and rising\u2063 oil prices will have significant implications. Powell&#8217;s\u2064 remarks during the briefing will provide insights\u200c into the Federal Reserve&#8217;s thinking and potential future actions,\u200d which will be closely watched by \u2062investors and economists alike.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Federal Reserve Chairman Jerome Powell will address the press regarding the interest rate decision. Officials are likely to maintain the current rate due to a slight decrease in inflation and a surge in oil prices. Meanwhile, a California Democrat drops a significant hint suggesting Newsom&#8217;s potential presidential run.<\/p>\n","protected":false},"author":1,"featured_media":2038761,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2038760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2038760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2038760"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2038760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2038761"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2038760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2038760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2038760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}