Fed sees no 'hurry' to cut rates as confidence in economy grows, Powell says
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark interest rate and "over time" reach a level that is no longer holding back activity,
Fed Chair Jerome Powell: 'Growing confidence' inflation cooling, more rate cuts possible
Powell said two more rate cuts are possible if the economy continues to perform as expected, though they are likely to not be as aggressive as the cut two weeks ago.
Markets hit fresh records after Powell’s rate cut remarks
The Dow plunged nearly 400 points on remarks from Federal Reserve Chair Jerome Powell, before correcting and ending the day above the record it set Friday.
Gold off record highs as Fed's Powell signals smaller rate cuts
Gold prices were hovering below recent record peaks on Tuesday after the U.S. Federal Reserve chair tempered expectations for more substantial interest rate cuts this year, with investors looking forward to a series of labour data this week for further insights.
Powell Says Fed Not in a Hurry, Will Lower Rates ‘Over Time’
Federal Reserve Chair Jerome Powell said the central bank will lower interest rates “over time,” while again emphasizing that the overall US economy remains on solid footing.
Powell indicates further, smaller rate cuts, insists the Fed is 'not on any preset course'
Federal Reserve Chair Jerome Powell said Monday that the recent half percentage point interest rate cut shouldn’t be interpreted as a sign that future moves will be as aggressive, in fact indicating the next moves will be smaller.
Futures dip ahead of labor data; Powell signals modest rate cuts
U.S. stock index futures were flat to slightly lower on Tuesday as investors awaited labor market data, a day after Federal Reserve Chair Jerome Powell pushed back against market expectations for outsized interest rate cuts.
Fed’s Powell Says Rate Cuts Can Sustain Soft Landing, but Sees No Need to Rush
Federal Reserve Chair Jerome Powell said the economy was in solid shape. “We intend to use our tools to keep it there,” he added.
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
During comments before the National Association for Business Economics in Nashville, Tennessee, Powell characterized the economy and hiring as healthy while noting that the Fed is
Powell Suggests Fed Will Continue To Lower Rates, But Rates Are Not On 'Preset Course'
Federal Reserve Chair Jerome Powell spoke before the annual meeting of the National Association for Business Economics on Monday,
Exclusive: Fed's Bostic open to another large rate cut if job market weakens
Atlanta Federal Reserve President Raphael Bostic said on Monday he would be open to another half-percentage-point interest ...
Atlanta Fed's Bostic signals willingness for another 50-bp rate cut - report
Another bumper 50-basis-point interest rate cut by the Federal Reserve at its upcoming November meeting could be considered ...