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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.
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central bankers room to lower interest rates at a careful pace.Most Read from BloombergUnder Trump,
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.
7h
on MSN
Fed's Powell declines to say if he would remain after chair term expires
Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board ...
11m
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 told BI.
11h
Fed will reserve judgement about Trump economic policy 'until we know what we're talking about, Powell says
Fed Chair Powell was pressed about how the central bank will alter its policy in the wake of President-elect Donald Trump's ...
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.
The Wall Street Journal on MSN
4d
If Trump Tries to Fire Powell, Fed Chair Is Ready for a Legal Fight
Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the ...
1h
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.
55m
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...
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 ...
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