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Fed's Powell Says No Need to Hurry Rate Cuts
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,
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 will likely cut rates cautiously given persistent inflation pressures, chairman says
The head of the Federal Reserve said Nov. 14 that the central bank will likely cut its key interest rate slowly and deliberately in the coming months, in
Yen on MSN
6h
Traders trim bets for December rate cut on Fed chief Powell’s caution
Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...
Opinion
20h
on MSN
Opinion
There’s only one way Trump can fix Powell’s opposition at the Fed
The looming battle between Trump and Fed Chairman Powell is clearer than many would argue. The president-elect has lots of ...
CBS News on MSN
6d
Fed Chair Jerome Powell says he won't resign if Donald Trump asks him to step down
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...
9h
on MSN
Jerome Powell in Dallas: Politics would be ‘distraction’ to Federal Reserve goals
Federal Reserve chairman Jerome Powell earned his largest round of applause from his Dallas audience when he rebuffed a ...
The Daily Signal
1d
Can Trump Fire Jerome Powell?
Speculation arises over Trump's ability to fire Fed chief Powell, highlighting the Fed's independence from presidential ...
7d
Fed meeting today: Interest rates cut by quarter-point as Powell wrestles with Trump's election win, inflation questions
Fed
Chairman
Jerome
Powell
said the U.S. economy is in very good condition, but "people are still feeling the effects ...
3d
on MSN
Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says
Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his ...
2d
on MSN
Goldman Sachs' Robert Kaplan: Independent Fed is critical & Powell should be allowed to finish term
Robert Kaplan, Goldman Sachs vice chairman and former Dallas Fed president, joins CNBC's 'Power Lunch' to discuss whether ...
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