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Fed's Powell Says No Need to Hurry Rate Cuts
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
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.
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 rates amid a strong economy.
The Boston Globe
11h
Trump, the Fed, and an almost inevitable showdown over interest rates
where
Jerome
Powell
’s four-year term as chair runs through May 2026. At least for now. Trump, who appointed
Powell
as ...
American Banker
58m
Powell: Fed is in no hurry to lower interest rates
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
1h
Fed Chair Jerome Powell says no need to hurry rate cuts with strong economy
US central bankers began lowering borrowing costs in September with an aggressive half-percentage-point cut, and then lowered ...
1d
Wall Street opens little changed after in-line inflation data
Wall Street's main indexes were steady on Wednesday after in-line consumer price inflation data kept the Federal Reserve on ...
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