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 not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time ...
Faced with another monthly round of stubborn inflation and uncertainty about fiscal, tariff and immigration policy ahead, the ...
The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
Fed Chair Powell was pressed about how the central bank will alter its policy in the wake of President-elect Donald Trump's ...
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
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