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Powell Points to 2 More Normal-Size Rate Cuts This Year
Powell Points to Two More Normal-Size Rate Cuts This Year
Jerome H. Powell, chair of the Federal Reserve, said that central bankers will lower rates as much as needed, but have forecast two more quarter-point rate cuts this year.
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected.
Powell outlines future interest rate cuts as economy shows steady disinflation
Powell expressed confidence that inflation will continue its downward trend towards the Federal Reserve’s 2 percent target. He added that current economic conditions “set the table” for further easing of price pressures.
1h
Wall St to open subdued ahead of labor data; Powell signals modest rate cuts
Wall Street's main indexes were set for a flat to lower open on Tuesday ahead of the first of multiple job reports this week, ...
2h
Futures Dip Ahead of Labor Data; Powell Signals Modest Rate Cuts
Wall Street's three main indexes closed September higher, bucking a historical trend where equities' performance have been ...
7h
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 ...
1h
on MSN
Futures mixed in run-up to labor data; Powell signals modest rate cuts
U.S. stock index futures were mixed on Tuesday ahead of the first of multiple labor market reports this week, a day after ...
15h
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 ...
18h
Fed’s Jerome Powell hints at more rate cuts as inflation slows but warns of ‘two-sided’ risks
Investors have been divided over whether the US central bank will slip into a series of quarter-percentage-point cuts now or ...
5h
on MSN
Gold off record highs as Fed's Powell signals smaller rate cuts
Gold prices hovered below the record peak on Tuesday after the U.S. Federal Reserve Chair tempered expectations for more ...
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