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Fed's Powell says rates will 'over time' reach neutral level, not preset

The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark interest rate and "over time" reach a level that is no longer holding back activity,

Bloomberg on MSN · 7h

Powell Says Fed Not in a Hurry, Will Lower Rates ‘Over Time’

Federal Reserve Chair Jerome Powell said the central bank will lower interest rates “over time,” while again emphasizing that the overall US economy remains on solid footing.

The Wall Street Journal on MSN · 8h

Fed’s Powell Says Rate Cuts Can Continue to Support Soft Landing

Federal Reserve Chair Jerome Powell says the economy is in solid shape. “We intend to use our tools to keep it there,” he adds.

Portland Press Herald · 3h

Fed Chair Powell says U.S. economy is in ‘solid shape’ with gradual rate cuts coming

His comments disappointed the hopes of many investors that the Fed would implement another steep half-point reduction in its key rate before the end of the year.

Powell: Fed will do what it takes to keep economy 'in solid shape'

Federal Reserve Chair Jerome Powell said Monday that the US economy is 'in solid shape,' and that central bank policy makers 'intend to use our tools to keep it there.'

2h

A man who's visited over 100 McDonald's restaurants around the world shares 10 items he thinks should be on every US menu

From the corn pie in Thailand to the McAloo Tikki in India, here are 10 international items that should be on every American ...

23m

Helene live updates: Over 120 dead across Southeast; North Carolina ravaged by storm

Busick, North Carolina, a remote town near Mount Mitchell State Park, received 30.78 inches of rain as a result of Helene — a ...

8h

Hurricane Helene leaves over 100 dead, millions without power in the Southeastern U.S. Here's what we know and what to expect next.

Helene’s trail of destruction and record-breaking floods could rank among the costliest storms in U.S. history.

8h

Foo Fighters’ Dave Grohl spotted for the first time since cheating and baby scandal: photos

In exclusive photos obtained by The Post, the Foo Fighters frontman, 55, was seen leaving a store alongside his daughter ...

13h

Time running out to avoid crippling US port strike

Time is running out to avoid a work stoppage at ports along the entire East and Gulf coasts that what could become the most ...

12d

How Does an IRA Grow Over Time?

Like all other types of investments, IRAs have the potential to grow over time. The two primary ways an IRA can grow is ...

4h

Northern lights primed to put on biggest show in decades over Canada

Skip Norway and Iceland — the geomagnetic north pole is closer to Canada, so fans can see the northern lights at lower ...

2h

Pete Rose, Major League Baseball’s all-time hit king, has died at 83

Pete Rose, Major League Baseball’s all-time hit king and the Cincinnati Reds icon whose signature gritty hustle couldn’t ...

1d

The Internet Can’t Get Over This Moment From Donald Trump’s Speech

The post from Kamala HQ mirrors the campaign's recent strategy of posting clips from Trump’s speeches, and letting the ...

Time running out to avoid crippling US port strike as retailers brace for potential disruptions

Time is running out to avoid a work stoppage at ports along the entire East and Gulf Coasts in what could become the most ...

1d

Five Advantages of Futures Over Options

Futures have a number of advantages over options, such as fixed upfront trading costs, lack of time decay, and liquidity.

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