Powell says the Fed doesn't need to be ‘in a hurry' to reduce interest rates
The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully,” Powell said.
Fed Chair Jerome Powell says no need to rush rate cuts, cites strong economy
But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...
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 ...
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Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
After lifting interest rates sharply in 2022 and 2023 in a bid to cool ... inflation and strong growth will be enough to prod ...
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
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.
Bank of Mexico lowers key interest rate, leaves door open to future cuts
The Bank of Mexico on Thursday lowered its benchmark interest rate by 25 basis points for a third straight meeting, ...
Jobless claims fall to lowest level in 6 months, following drop in interest rates, inflation
The Labor Department reportedt hat jobless claim applications fell by 4,000 to 217,000 for the week of Nov. 9 — less than the ...
Average Rate on 30-Year Mortgage Drops Slightly After 6 Weeks of Increases
Mortgage rates on a 30-year home loan have fluctuated throughout the year, reaching a peak of 7.22 percent in May. In late ...
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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 means the U.S. central bank does ...