Powell says no need for Fed to rush rate cuts given strong economy
9 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.
Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates
9 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 ...
Powell says Fed will likely cut rates ... - Associated Press News
9 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 the Fed doesn’t need to be ‘in a hurry’ to reduce …
9 hours ago · Powell noted that the unemployment rate has been rising but has flattened out in recent months and remains low by historical standards. Money Report news 20 mins ago
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy …
9 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 ...
Traders Trim Bets for December Fed Rate Cut on Powell’s Caution
8 hours ago · Translate. Traders pared back their expectations for an interest-rate cut in December and policy-sensitive US yields jumped after Federal Reserve Chair Jerome Powell said economic resilience gives ...
Fed's Powell: US economy solid, gradual interest rate cuts coming | AP News
Sep 30, 2024 · WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur at a measured pace intended to support a still-healthy economy.
Powell Points to Two More Normal-Size Rate Cuts This Year
Sep 30, 2024 · Jerome H. Powell, the chair of the Federal Reserve, underscored on Monday that officials are likely to lower interest rates in the coming months — but that policymakers do not expect to make...
Fed Chair Powell says 'time has come' for interest rate cut - NBC News
Aug 23, 2024 · Federal Reserve Chair Jay Powell said Friday he expects the central bank will cut its key interest rate in the near future in response to slower economic growth and cooling inflation.
Powell Faces Economic Crossroads as He Prepares to Speak at …
Aug 22, 2024 · Jerome Powell, the Federal Reserve chair, will deliver remarks as inflation cools and growth holds up — but as labor market weakening threatens to interrupt the soft landing.