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Fed's Powell Says No Need to Hurry Rate Cuts
Strong Economy Leaves Fed in No Hurry to Cut Interest Rates, Says Chair Powell
"The economy is not sending any signals that we need to be in a hurry to lower rates," he said, calling the US economy's recent performance "by far the best of any major economy i
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
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.
Crain's Cleveland Business
3h
Former Fed economist talks risks to NEO's post-election economy
“When you have a new administration and they want to have some sort of fiscal policy initiative that could alter growth ...
6h
on MSN
Will Trump fire Fed chair Jerome Powell?
During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.
4d
on MSN
Fed up with the economy, Americans turn to Trump, giving him election sweep of swing states
President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was ...
3d
on MSN
Fed’s Barkin says economy looks ‘pretty good,’ but labor market bears watching
The U.S. economy is in a good place, but the labor market bears watching, Richmond Fed President Tom Barkin said Tuesday. “So ...
The Boston Globe
2d
Trump, the Fed, and an almost inevitable showdown over interest rates
The
Fed
, as always, will proceed cautiously to avoid overheating an already solid
economy
and reigniting inflation. The ...
1d
Credit card debt surges to another record high, New York Fed data shows
U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to ...
Hosted on MSN
3d
Fed's Barkin: Economy and policy are in a good place
CNBC's Steve Liesman reports on the latest comments from Richmond Federal Reserve president Tom Barkin. What happens to Elise ...
2d
Market Focus Now Turns to the Economy, Inflation and the Fed
You can almost feel it now. After months of market speculation about who would become the next US president and what that ...
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