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Fed is in no hurry to lower interest rates
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday.
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.
26m
The fight over Jerome Powell puts Elon Musk at odds with Wall Street
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
12h
on MSN
Watch Fed Chair Powell Live Here
Federal Reserve Chair Jerome Powell is set to speak Thursday in Dallas at 3 p.m. ET. You can watch his appearance live here.
2h
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
13h
Watch Fed Chair Powell speak live to business leaders in the Dallas area
The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.
19h
Dow Jones Today: Stock Futures Inch Higher Ahead of Economic Data, Comments from Fed Chair Powell; Disney Soars After Earnings
Stock futures are slightly higher Thursday as the market looks to rebound from a couple of lackluster days, with investors ...
CBS News on MSN
6d
Fed Chair Jerome Powell says he won't resign if Donald Trump asks him to step down
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...
1h
CNBC Daily Open: Powell's comments gave investors a reality check
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
18h
Stock market today: Dow ticks higher with Powell speech, Trump-led sweep in focus
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in DC.
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