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Fed's Powell Says No Need to Hurry Rate Cuts
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 the Fed doesn't need to be 'in a hurry' to reduce interest rates
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 economy is not sending any signals that we need to be in a hurry to lower rates,
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,
12h
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.
17m
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 ...
think
1h
FX Daily: Powell keeps market cautious on the Fed
The dollar remains at risk of positioning-led corrections, but so far macro data and Fed communication have not offered any ...
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 ...
15h
Dow Jones Today: Stocks Slightly Lower Ahead of 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 ...
The Boston Globe
1d
Trump, the Fed, and an almost inevitable showdown over interest rates
At least for now. Trump, who appointed
Powell
as
Fed
chair, weighed firing him in a disagreement over interest rates in ...
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 ...
2d
on MSN
Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
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