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.
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.
It's hardly a blip on the charts after the major run higher following the election of Donald Trump, but crypto markets did ...
Federal Reserve Chair Jerome Powell is speaking in Dallas at 3 p.m. ET about the economic outlook. You can watch his appearance here: Last week, the Fed cut interest rates for the second time this ...
Fed Chair Powell was pressed about how the central bank will alter its policy in the wake of President-elect Donald Trump's victory last week. Economists think that Trump's proposals during the ...
Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board member after his term as chief expires in May 2026.
Here are some of the highlights from Federal Reserve Chair Jerome Powell's discussion Thursday in Dallas. “The economy is not sending any signals that we need to be in a hurry to lower rates,” Powell ...
Chinese released mixed economic data, while the UK economy contracted in September. 1. Powell signals measured approach to ...
The Dow Jones rose Thursday morning after key inflation data and ahead of Fed Chair Powell's speech. Disney soared on ...
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