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.
Stocks moved lower after Federal Reserve Chair Jerome Powell said the central bank is in 'no hurry' on rate cuts.
said "it remains to be seen how much further interest rates will decline or where they might eventually settle." The Fed ...
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
“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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