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.
Fed Chair Powell's Speech
said "it remains to be seen how much further interest rates will decline or where they might eventually settle." The Fed ...
“It remains to be seen how much further interest rates will decline or where they might eventually settle,” Kansas City ...
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Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slowAfter a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
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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 ... The in-line data ...
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