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Fed's Powell Says No Need to Hurry Rate Cuts

Associated Press on MSN · 7h

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 Jerome Powell says no need to 'hurry' rate cuts

While speaking in Dallas on Thursday, Powell said economic growth will allow the Fed to tread carefully before making any rate cuts.

Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates

Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut rates amid a strong economy.

India's Oct wholesale inflation accelerates to 4-month high

Inflation accelerated in October, offering first look at prices since election

Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the annual rate of 2.4% recorded during the previous month.

Reuters on MSN · 23h

India's Oct wholesale inflation accelerates to four-month high

India's wholesale price-based inflation accelerated to a four-month high of 2.36% year on year in October due to elevated food prices, government data released on Thursday showed. Inflation for October was higher than the 2.

CNN on MSN · 1d

Inflation hit a bump in October after slowing for six straight months

The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts.

1don MSN

Morning Bid: Inflation looks sticky, so bring on Powell

A look at the day ahead in Asian markets. An uptick in U.S. consumer price inflation last month that was in line with ...

10hon MSN

Federal Reserve is confident that recalibrating policy will lead to 2% inflation: Powell

Federal Reserve Chair Jerome Powell appeared to be saying that the central bank is confident that it can steer the U.S.

16h

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 ...

10h

S&P 500 Analysis: Jobless Claims Down but Inflation Holds, Powell’s Remarks Awaited

Wall Street dips as traders await Powell’s speech, with PPI data steady but inflation concerns lingering. Rate cut ...

21h

More Inflation Data, Disney Earnings, Powell Speech: What to Watch Thursday and Friday

Retail sales, plus another inflation report, are this week's main remaining economic data releases. Plus, Federal Reserve ...

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