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Fed's Powell Says No Need to Hurry Rate Cuts

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,

MarketWatch on MSN · 7h

Powell says Fed doesn’t need to hurry to cut interest rates

Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path back to the central bank’s 2% target, and that he expects inflation to continue to come down on a “sometimes bumpy” path.

Associated Press on MSN · 6h

Powell says Fed will likely cut rates cautiously given persistent inflation pressures

Chair Jerome Powell says 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.

Fed Chair Powell's Speech

Reuters on MSN · 3h

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 member after his term as chief expires in May 2026. Powell, asked at an event in Dallas whether he would consider being the first Fed chair in more than seven decades to remain on the Fed board after no longer serving as its leader,

NBC New York · 9h

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.

Wall Street Journal · 8h

Fed Chair Powell's Speech: Some Takeaways

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 said in prepared remarks.

5hon MSN

Jerome Powell Really Doesn't Want to Talk Fiscal Policy

Federal Reserve Chair Jerome Powell spoke Thursday for the first time since the central bank's last policy meeting and the ...

7hon MSN

Jerome Powell in Dallas: Politics would be ‘distraction’ to Federal Reserve goals

Federal Reserve chairman Jerome Powell earned his largest round of applause from his Dallas audience when he rebuffed a ...

5h

Fed Chair Jerome Powell's Hawkish Comments Throw Some Cold Water on Crypto

It's hardly a blip on the charts after the major run higher following the election of Donald Trump, but crypto markets did ...

14h

Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks

Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...

12h

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 Globe1d

Trump, the Fed, and an almost inevitable showdown over interest rates

The business angle: One nexus of Washington power that won’t see a leadership change is the Federal Reserve, where Jerome ...

3don MSN

Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says

Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his ...

12hon MSN

Wall St little changed after in-line monthly producer prices; Powell speech awaited

Wall Street's main indexes were subdued on Thursday after monthly producer prices rose as expected, with investors awaiting ...

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