Powell says no need for Fed to rush rate cuts given strong economy
8 hours ago · Federal Reserve Board Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024.
Powell says Fed will likely cut rates cautiously given persistent ...
8 hours ago · WASHINGTON (AP) — Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next. Powell, speaking in Dallas, said that inflation is edging closer to ...
Powell says Fed will likely cut rates cautiously given persistent ...
8 hours ago · Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong (Bloomberg) -- Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good ...
Powell says Fed doesn't need to be 'in a hurry' to reduce interest …
9 hours ago · Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates. “The ...
Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates
8 hours ago · LM Otero/Associated Press. Jerome H. Powell, the chair of the Federal Reserve, said that a solid economy with low unemployment, robust consumer spending and strengthening business investment gave ...
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy …
8 hours ago · 3:06. 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 ...
Jay Powell says Federal Reserve in no ‘hurry’ to lower interest …
8 hours ago · Jay Powell backed a gradual approach to lowering interest rates, saying the US central bank does not need to be “in a hurry” amid a strong economy and a “bumpy” path down for inflation. In ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts …
9 hours ago · The central bank has lowered interest rates by 0.75-point since September. Federal Reserve Chair Jerome Powell said recent signs of economic health would allow the central bank to take its time in ...
Fed Meeting Today: Rate Cuts, Powell Speech, Live News
Nov 7, 2024 · Powell doesn’t rule ‘out or in’ a December rate cut Fed chair says he won’t resign if asked by Trump to leave Jerome Powell during a news conference following a Federal Open Market ...
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · The Federal Reserve cut interest rates on Wednesday by half a percentage point. Here are some takeaways from the decision and from remarks by the Fed chair, Jerome H. Powell.