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Fed's Powell Says No Need to Hurry Rate Cuts
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.
Federal Reserve Chair Jerome Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates
The Federal Reserve Chairman Jerome Powell announced on November 14 that strong U.S. economic growth will allow policymakers to decide how fast to lower interest rates. Powell argues that the economy is not sending any signals that the Fed needs to be in any hurry to lower rates.
Powell says Fed will continue cutting rates, but there's no preset course
The Fed is moving policy over time to a more neutral setting, but “the path for getting there is not preset,” Powell said Nov. 14 at an event hosted by the Dallas Regional Chamber, the Federal Reserve Bank of Dallas and the World Affairs Council of Dallas/Fort Worth.
1d
on MSN
Jerome Powell says the 'real issue' behind the US housing crisis is 'not something the Fed can really fix' — here's why and what Americans can do
Accredited investors can become the landlord of Walmart, Whole Foods or Kroger — and benefit from regular distributions ...
7d
Jerome Powell Dismisses Idea of Trump Firing Him
Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in ...
14h
Wall Street weakens as its post-election boom slows some more
The stock market broadly has been rising faster than corporate profits, which raises the volume on criticism from skeptics ...
Outlook Business
7d
Federal Reserve Lowers Rates by 25 Basis Points, Powell Sets Aside Resignation Concerns
“In the near term, the election will have no effects on our policy decisions,” said
Jerome
H
.
Powell
. Follow our ...
Wall Street Journal
7d
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Powell
also said it is too soon to say how policies of the incoming Trump administration would reshape economic prospects. Here is a transcript:
JEROME
H
.
POWELL
: Good afternoon. My colleagues ...
kalkinemedia
51m
What Does Persistent Inflation Mean for Wall Street?
Highlights,U.S. stock index futures declined following Federal Reserve Chair Jerome Powell's statement emphasizing caution on ...
2h
on MSN
The fight over Jerome Powell puts Elon Musk at odds with Wall Street
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
Wall Street Journal
3d
Inflation, Disney Earnings, Powell Speech: What to Watch for the Rest of the Week
Federal Reserve Chair
Jerome
Powell
is scheduled to speak on Thursday. (Alexandra Citrin-Safadi/WSJ) Reports on inflation ...
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