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Fed's Powell Says No Need to Hurry Rate Cuts

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 Associated Press on MSN · 7h

Powell says Fed will likely cut rates cautiously given persistent inflation pressures

Chair Jerome Powell says 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.

CNBC on MSN · 11h

Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates

Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates. "The economy is not sending any signals that we need to be in a hurry to lower rates,

Fed Chair Powell's Speech

Reuters on MSN · 4h

Fed's Powell declines to say if he would remain after chair term expires

Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board member after his term as chief expires in May 2026. Powell, asked at an event in Dallas whether he would consider being the first Fed chair in more than seven decades to remain on the Fed board after no longer serving as its leader,

NBC New York · 11h

Watch Fed Chair Powell speak live to business leaders in the Dallas area

The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.

Wall Street Journal · 14h

When Is Fed Chair Powell's Speech and How to Watch It?

Federal Reserve Chair Jerome Powell is speaking in Dallas at 3 p.m. ET about the economic outlook. You can watch his appearance here:

7hon MSN

Jerome Powell Really Doesn't Want to Talk Fiscal Policy

Federal Reserve Chair Jerome Powell still would rather not talk about such potential Donald Trump priorities as central bank ...

6don MSN

Fed Chair Jerome Powell not to leave early even if president-elect Donald Trump asks to quit, ‘No’ he reiterates

Federal Reserve Chairman Jerome Powell stated on Thursday that he would not ... Trump, who appointed Powell in 2018, ...

CBS News on MSN6d

Fed Chair Jerome Powell says he won't resign if Donald Trump asks him to step down

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...

16h

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 ...

3don MSN

Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says

Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his ...

13h

Dow Jones Today: Stocks Slightly Lower Ahead of Comments from Fed Chair Powell; Disney Soars After Earnings

Stock futures are slightly higher Thursday as the market looks to rebound from a couple of lackluster days, with investors ...

The Boston Globe1d

Trump, the Fed, and an almost inevitable showdown over interest rates

The business angle: One nexus of Washington power that won’t see a leadership change is the Federal Reserve, where Jerome ...

2don MSN

Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?

Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...

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