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.
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 bankers room to lower interest rates at a careful pace.
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
Inflation remains stubborn as wholesale prices accelerate after Fed rate cuts
Wholesale prices in the US rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure. Thursday’s report from the Labor Department showed that its producer price index — which tracks inflation before it hits consumers — rose 0.
Jerome Powell Announces Interest Rate Cut After Inflation Cools
The Federal Reserve cut its benchmark interest rate by a quarter-point to between 4.5 and 4.75 percent on Thursday.
US Fed To Debate Rate Cut In Shadow Of Presidential Election
The US Federal Reserve is widely expected to cut interest rates again this week, while votes are being counted in one of the closest-fought presidential races in decades.
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
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US inflation ticks up to 2.6% – What’s the Federal Reserve to do now?
Inflation in the United States just hit 2.6% in October, giving the Federal Reserve plenty to chew on before its next – and final – meeting of the year. With President-elect Donald Trump about to take back the Oval Office,
Rising Treasury Yields Raise Doubts About Another Fed Rate Cut
Fed funds futures are still leaning into expectations that the Federal Reserve will reduce its target rate next by a quarter point, but the related confidence of the forecast is slipping.
CBS News on MSN7d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range of ...
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 ...
Trump has promised lower interest rates. That will be largely out of his control
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...
CNN on MSN8d
Why Trump’s return could spark another bout of inflation and delay interest rate cuts
Inflation is likely to rise in the United States and around the world if newly elected US President Donald Trump follows ...
Trump tariffs loom over Bank of England's best-laid rate cut plans
Bank of England Governor Andrew Bailey stuck to his script outlining gradual interest rate cuts on Thursday, but Donald Trump ...
US election: Inflation, interest rates and the pound - how Trump win could impact your money
Millions of UK households are expected to pay the price of Donald Trump’s victory in the United States Presidential ...
Inflation endured in October, CPI report shows. What happens next with interest rates?
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on ...
October wholesale PPI inflation up 0.2% for annual rate of 2.4%, meeting expectations
Wholesale Producer Price Index inflation rose 0.2% in October and is up 2.4% annually, according to a Thursday report from ...