federal reserve, Powell

Fed Chair Powell delivers blunt message on interest rate cuts
Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to appoint Pete Hegseth as secretary of Defense on Wednesday. “Pete served 20 years. He was awarded the Bronze Star twice in Iraq and Afghanistan. He’s somebody that I got to know when he was running Concerned…
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.
Strong Economy Leaves Fed in No Hurry to Cut Interest Rates, Says Chair Powell
"The economy is not sending any signals that we need to be in a hurry to lower rates," he said, calling the US economy's recent performance "by far the best of any major economy i
Will Trump fire Fed chair Jerome Powell?
During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then. Would Trump try again in a second term? Trump believes the president "should have a say in rates policy,
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.
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.
Powell: Fed to Cut Rates Cautiously on Inflation
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest rates impact mortgage rates.
Powell: Fed to tread cautiously on rate cuts amid persistent inflation concerns
WASHINGTON—Chair Jerome Powell said Thursday that 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 has time to see what Trump policies mean for the economy, Powell says
Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking thinking due to the return of President-elect Donald Trump to the White House.
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.
Fed will reserve judgement about Trump economic policy 'until we know what we're talking about, Powell says
Fed Chair Powell was pressed about how the central bank will alter its policy in the wake of President-elect Donald Trump's victory last week. Economists think that Trump's proposals during the campaign,
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 ...
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Mortgage Predictions: The Fed Isn't Hurrying to See Lower Rates
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
Stock market today: Indexes tumble after Fed comments dent December rate-cut odds
The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...
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 ...
CNBC Daily Open: Powell's comments gave investors a reality check
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...