Fed to cut rates cautiously
Federal Reserve chairman Jerome Powell said Thursday that the US central bank 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 officials want to see where it heads next.
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in ...
These are today's mortgage and refinance rates. Mortgage rates have increased in recent weeks and remain high today thanks in ...
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
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Kansas City Fed's Schmid says 'remains to be seen' how much further interest rates fallSchmid said the Fed's decision last week to cut interest rates by 25 basis points reflected their confidence that both ...
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in October, the Bureau of Labor Statistics ...
Dow Drops After Powell Remarks The S&P 500 and Nasdaq also close lower after the Fed chair's speech and the latest PPI data.
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