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Rate cuts are still underway
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
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.
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
Reuters
1d
Fed officials wary of inflation risks as they weigh more rate cuts
said "it remains to be seen how much further
interest
rates will decline or where they might eventually settle." The
Fed
...
The Boston Globe
17h
Trump, the Fed, and an almost inevitable showdown over interest rates
“It remains to be seen how much further
interest
rates will decline or where they might eventually settle,” Kansas City ...
USA TODAY on MSN
6d
Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
11h
on MSN
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
Hosted on MSN
1d
Kansas City Fed's Schmid says 'remains to be seen' how much further interest rates fall
Schmid 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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