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Fed's Powell Says No Need to Hurry Rate Cuts
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’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 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 officials want to see where it heads next.
The Daily Hodl
2m
Crypto Prices Cool as Fed Chair Jerome Powell Strikes Ambiguous Tone on Future Monetary Policy Choices
After nearly two weeks of explosive gains, crypto prices briefly cooled on Thursday and into Friday, possibly due to a speech ...
1d
Josh Brolin And Glen Powell Just Had A Hilarious Exchange Over The Mesh Shirt He Wore In His Latest Interview And I Can't Get Enough
Talk about a bold look. Powell has become a sex symbol over the past year, partly thanks to that oiled up scene from Top Gun: ...
21h
Wall St sinks on Powell rate-cut caution, Trump cabinet picks
Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two ...
1d
on MSN
CNBC Daily Open: Powell’s comments gave investors a reality check
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
22h
on MSN
The Great Post-Election Rally Hits a Wall as Powell Weighs In
After a post-election risk-taking binge, stock investors sobered up this week as Jerome Powell’s go-slow message on ...
2d
on MSN
Lake Powell at Existential Risk As River Basins Head for 'Tipping Point'
Largest-ever modeling analysis reveals traditional water management strategies may fall short as climate pressures mount on ...
20h
on MSN
Norman Powell quickly becoming Clippers star team needs
Norman Powell has averaged 26 points in his first year as a starter for the Clippers. His the latest on his increased role.
5h
on MSN
Police: 6 hurt in east Columbus crash
Six people were injured in a two-vehicle crash in east Columbus Friday night, police said.
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