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Powell says no rush needed on more rate cuts
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.
Federal Reserve Powell: Rate cuts to come slowly Chair Jerome Powell says the Federal Reserve likely
Chair Jerome Powell says the Federal Reserve likely will 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.
12h
on MSN
Jerome Powell Really Doesn't Want to Talk Fiscal Policy
Federal Reserve Chair Jerome Powell spoke Thursday for the first time since the central bank's last policy meeting and the ...
4h
on MSN
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 ...
13h
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
1d
More Inflation Data, Disney Earnings, Powell Speech: What to Watch Thursday and Friday
Retail sales, plus another inflation report, are this week's main remaining economic data releases. Plus, Federal Reserve ...
22h
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 ...
1d
Wall Street reaches mixed finish ahead of rate cuts
U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update built hope that more help for the economy will arrive next month through a cut to interest rates.
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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