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Rate cuts are still underway
Jerome Powell says Fed Isn't in Hurry to Cut Interest Rates
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week and half-point cut in September.
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.
Business Insider
57m
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Here's where US indexes stood at the 4:00 p.m. closing bell on Thursday: The slide comes after Powell signaled the
Fed
is ...
1d
Fed Officials Fret Over How Far They Can Lower Interest Rates
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
1d
on MSN
Inflation rose to 2.6% in October in first increase in six months
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in October, the Bureau of Labor Statistics ...
5d
on MSN
Fed rate cuts aren't stopping high-yield checking account from offering rates as high as 8% APY — for now
The Federal Reserve cut rates twice in a row, bringing bank account rates down. See how high-yield checking account rates are ...
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inflation
Powell
Wall Street
United States
Neel Kashkari
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