Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
Even with two Fed rate cuts now in the books, you can still easily earn 4% to 5% returns in a number of risk-free ways. One ...
At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the ...
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
The U.S. central bank has lowered interest rates by 0.75 point since September.