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 mean 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.
The Fed chair made the remarks, his first public words since the FOMC’s November meeting, at an event with the Dallas ...
Piegza forecasts a pause by January and then just three cuts next year “at most.” ...
(Reuters) - U.S. stock index futures fell on Friday after Federal Reserve Chair Jerome Powell said there was no need to ...
20h
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Retail sales, plus another inflation report, are this week's main remaining economic data releases. Plus, Federal Reserve ...
5hon MSN
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
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