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.
The dollar was set for its biggest weekly gain in over a month on Friday, supported by expectations of fewer Federal Reserve ...
Officials lowered interest rates by a combined 0.75 point at their last two meetings.
said "it remains to be seen how much further interest rates will decline or where they might eventually settle." The Fed ...
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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, ...
Oil prices fell on Friday as investors weighed signs demand in top crude importer China continues to underperform amid the ...
“It remains to be seen how much further interest rates will decline or where they might eventually settle,” Kansas City ...
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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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