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Fed's Powell Says No Need to Hurry Rate Cuts
Powell Says Fed Isn’t in a ‘Hurry’ to Cut Rates. The Inflation Fight Isn’t Over.
The Fed chair made the remarks, his first public words since the FOMC’s November meeting, at an event with the Dallas Regional Chamber.
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.
Futures Drop as Powell Signals No Hurry on Rate Cuts
(Reuters) - U.S. stock index futures fell on Friday after Federal Reserve Chair Jerome Powell said there was no need to reduce interest rates in a hurry, pushing up bond yields and pressuring rate-sensitive equities.
Fed, Powell
Federal Reserve is confident that recalibrating policy will lead to 2% inflation: Powell
Stay informed on the latest insights from Federal Reserve Chair Jerome Powell and their impact on the financial markets.
Fed will reserve judgement about Trump economic policy 'until we know what we're talking about, Powell says
Fed Chair Powell was pressed about how the central bank will alter its policy in the wake of President-elect Donald Trump's victory last week. Economists think that Trump's proposals during the campaign,
Jerome Powell Really Doesn't Want to Talk Fiscal Policy
Federal Reserve Chair Jerome Powell spoke Thursday for the first time since the central bank's last policy meeting and the most recent consumer inflation report. Powell said any p
More Inflation Data, Disney Earnings, Powell Speech
Wall St indexes fall after latest inflation data; Powell speech awaited
Wall Street's main indexes lost ground on Thursday after monthly producer prices rose as expected, with investors awaiting Federal Reserve Chair Jerome Powell's comments expected during the last hour of trading for clues on the outlook for interest rates.
More Inflation Data, Disney Earnings, Powell Speech: What to Watch Thursday and Friday
Retail sales, plus another inflation report, are this week's main remaining economic data releases. Plus, Federal Reserve Chair Jerome Powell is set to speak on the economic outlook, and there are a few earnings still on the slate.
Dow Jones Futures Rise After Inflation Data, Powell Speech Looms; Disney Surges On Earnings
The Dow Jones rose Thursday morning after key inflation data and ahead of Fed Chair Powell's speech. Disney soared on earnings.
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Fed Chair Jerome Powell says central bank in no rush to reach 'neutral rate'
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for ...
20h
Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
12h
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
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