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Fed's Powell Says No Need to Hurry Rate Cuts
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.
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,
Powell Says Strong US Economy Means No Rush to Cut Rates
Good morning. Jerome Powell isn’t in a hurry to lower US interest rates. Rachel Reeves says that the UK’s crackdown on banks went too far. And shop for thrifty to expensive watches with Bloomberg Pursuits.
1h
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
The Boston Globe
16h
Trump, the Fed, and an almost inevitable showdown over interest rates
where
Jerome
Powell
’s four-year term as chair runs through May 2026. At least for now. Trump, who appointed
Powell
as ...
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