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.
A December Fed rate cut is uncertain after Chair Jerome Powell said that interest rates would come down slowly.
Strong U.S. economic and inflation data on Friday continued reshaping the debate among Federal Reserve policymakers over the ...
U.S. retail sales rose firmly again last month, Commerce Department data indicated Friday, suggesting consumer spending and ...
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
Forget the "Fed put." These days, it's starting to seem like the Federal Reserve has been working on a new derivative: the ...
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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, ...
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
“It remains to be seen how much further interest rates will decline or where they might eventually settle,” Kansas City ...
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