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Fed Chair Jerome Powell says central bank in no rush to reach 'neutral rate'
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for interest rates and will respond to economic data as it comes in.
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday.
Fed’s Powell: Rate cuts are still underway
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.
Jay Powell says Federal Reserve in no ‘hurry’ to lower interest rates further
Jay Powell backed a gradual approach to lowering interest rates, saying the US central bank does not need to be “in a hurry” amid a strong economy and a “bumpy” path down for inflation. In a speech delivered in Dallas on Thursday,
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 it clear the central bank is not "in a hurry" to lower interest rates.
Powell Says Fed Isn’t in a ‘Hurry’ to Cut Rates. The Inflation Fight Isn’t Over.
14h
on MSN
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 ...
2d
on MSN
Fed’s Barkin says economy looks ‘pretty good,’ but labor market bears watching
The U.S. economy is in a good place, but the labor market bears watching, Richmond Fed President Tom Barkin said Tuesday. “So ...
14h
on MSN
Watch Fed Chair Powell Live Here
Federal Reserve Chair Jerome Powell is set to speak Thursday in Dallas at 3 p.m. ET. You can watch his appearance live here.
8h
Gold faces worst week in more than 3 years on bets of slower Fed easing
Gold traded little changed on Friday, but was set for its worst week in more than three years, hurt by a stronger U.S. dollar ...
1d
Market Focus Now Turns to the Economy, Inflation and the Fed
You can almost feel it now. After months of market speculation about who would become the next US president and what that ...
20h
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 ...
18h
Gold slumps to 2-month low as dollar marches on; Fed signals in focus
Gold fell for a fifth straight session on Thursday to hit its lowest level in eight weeks, pressured by a stronger U.S.
1d
Stock market's big rally, inflation could mean Fed has only one rate cut left before a pause, says CIO
Wednesday's inflation reading, while ticking up to a 2.6% yearly rate as expected, continues to hold above the Federal Reserve's 2% target. Combining that with the easing of financial conditions on ...
6d
on MSN
Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty
It's not just speculation from economists. The
market
is indicating inflation could lead the
Fed
to keep borrowing rates ...
3d
on MSN
Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
17h
JPMorgan Asset Management’s Ward Sees Fed on Hold in 2025
The Federal Reserve is likely to pause its interest-rate cuts after December to assess the economic impact of policies under ...
Business Insider on MSN
1d
Stock market today: Indexes edge higher after tame October inflation report
He continued: "The incredible move in the stock
market
postelection has effectively eased financial conditions for stock ...
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