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Fed's Powell Says No Need to Hurry Rate Cuts
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
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,
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.
2h
on MSN
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
4h
on MSN
CNBC Daily Open: Powell's comments drag investors down to earth from postelection high
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
5h
on MSN
Powell 'certainly' intends to stay at Fed until chairmanship ends
Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal Reserve while making ...
7h
Fed does not need to 'be in a hurry' to lower rates: Powell
Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the ...
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