Fed’s Powell suggests tightening program could end soon, offers no guidance on rates

S&P 500 turns green as Powell says quantitative tightening may stop soon (SP500:)

US stock futures fall amid ongoing US-China trade tensions and key bank earnings. Get the latest market insights and expert analysis.

Powell Hints at End of Campaign to Shrink Fed’s Treasury Holdings

The central bank has been passively reducing its $6.6 trillion asset holdings since mid-2022, part of a technical effort to unwind its pandemic policies

With inflation and jobs in ‘tension,’ Powell warns of the Fed’s tightrope on interest rates

The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while lifting up the job market, Chair Jerome Powell said Tuesday.

Fed's Powell suggests tightening program could end soon, offers no guidance on rates

Fed Chair Jerome Powell on Tuesday said the central bank is nearing a point where it will stop reducing the size of its bond holdings.

Fed's Powell says economy on firmer footing, though low-hiring, low-firing trend continues

The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy overall "may be on a somewhat firmer trajectory than expected," Federal Reserve Chair Jerome Powell said on Tuesday, noting that policymakers will take a "meeting-by-meeting" approach to any further interest rate cuts as they balance job market weakness with the fact that inflation remains well above their 2% target.

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy.