Fed's Powell Says No Need to Hurry Rate Cuts

Powell says Fed doesn’t need to hurry to cut interest rates
Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path back to the central bank’s 2% target, and that he expects inflation to continue to come down on a “sometimes bumpy” path.
Powell to Speak on Interest Rates and the Economy. Look for Clues About the Fed’s Next Rate Decision.
Federal Reserve Chair Jerome Powell will headline a busy week of central-bank officials’ public remarks on Thursday. Investors and economists will be listening closely for clues about the Fed’s interest rate decision for December and the outlook for policy in 2025.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s
Powell: Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
Federal Reserve Chair Jerome Powell spoke in Dallas about the outlook of the U.S. economy and the future of interest rate cuts.
Fed has time to see what Trump policies mean for the economy, Powell says
Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking thinking due to the return of President-elect Donald Trump to the White House.
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.
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.
Morning Bid: Powell says no rush needed on more rate cuts
Markets were muted ahead of an afternoon speech by Powell. Investors were right to be guarded, since he leaned more hawkish than in recent months, saying the central bank does not need to rush to lower rates and can carefully deliberate over the solid economy and job market and inflation that has yet to come back down to its 2% target.
Fed's Powell: Economy "remarkably good," no need to hurry lowering rates
The U.S. economy is in strong shape, Federal Reserve chair Jerome Powell said Thursday, which means the central bank can move carefully as it cuts interest rates. Why it matters: The direction of Fed policy is clear — the central bank is likely to cut interest rates further — but Powell's remarks indicate that it is uncertain how fast and how far those rate reductions will be.
Federal Reserve is confident that recalibrating policy will lead to 2% inflation: Powell
Stay informed on the latest insights from Federal Reserve Chair Jerome Powell and their impact on the financial markets.
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.
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 ...
Watch Fed Chair Powell speak live to business leaders in the Dallas area
The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.
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Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
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Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
Treasury Yields Rise After Powell Comments
Treasury yields are up after Federal Reserve Chair Jerome Powell said that economic data suggests that the Fed doesn’t need ...
Stocks dip, dollar advances after data, Powell comments
A gauge of global stocks fell for a third straight session on Thursday while the dollar climbed, after U.S. labor market data ...