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 ...
The New York Times34m
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
The Fed is trying to navigate a complicated moment. The economy remains healthy overall, but the job market has slowed over ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
Fueled by Trump inflation fears, NYC rents rose
NYC rents rose in October, after Trump’s proposed tariffs pushed up the yield on the 10-year treasury and thus mortgage rates ...
legit on MSN21m
Fed Chair calls US the best-performing major economy in the world
The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome ...
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Stock market today: Dow, S&P 500, Nasdaq slip with inflation, Powell speech in focus
US stocks slipped on Thursday as the post-election rally paused. Investors assessed the impact of a Republican sweep of political power and awaited a Jerome Powell speech to set the tone on interest ...
Jay Powell says Federal Reserve in no ‘hurry’ to lower interest rates further
Last week, the US central bank opted to lower its benchmark policy rate by a quarter-point to a new target range of 4.25-4.75 ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
Federal Reserve Chair Jerome Powell said recent signs of economic health would allow the central bank to take its time in ...
American Banker54m
Fed Gov: independence "necessary" to achieve policy goals
In a speech, Federal Reserve Gov. Adriana Kugler said sound monetary policy comes when electoral politics are kept out of central banking.
The number of Americans filing for jobless claims falls to lowest level in 6 months
The number of Americans applying for unemployment benefits fell to their lowest level in six months last week.
The ‘Trump Trade’ Is Still Moving Markets but How Long Can It Last?
Republican Donald Trump’s election win quickly pushed up US stocks, the dollar and Bitcoin — reshaping the outlook for ...
Food prices worried most voters, but Trump’s plans likely won’t lower their grocery bills
ANN DURBIN Americans are fed up with the price of food, and many are looking to President-elect Donald Trump to lower their ...