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.
Fed sees no 'hurry' to cut rates as confidence in economy grows, Powell says
By Howard Schneider NASHVILLE, Tennessee (Reuters) -Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts moving forward and was not "in a hurry" after new data boosted confidence in ongoing economic growth and consumer spending.
Fed’s Powell Says Rate Cuts Can Sustain Soft Landing, but Sees No Need to Rush
Federal Reserve Chair Jerome Powell says the economy is in solid shape. “We intend to use our tools to keep it there,” he adds.
Powell indicates further, smaller rate cuts, insists the Fed is 'not on any preset course'
Federal Reserve Chair Jerome Powell said Monday that the recent half percentage point interest rate cut shouldn’t be interpreted as a sign that future moves will be as aggressive, in fact indicating the next moves will be smaller.
Dollar gains as Fed's Powell adopts hawkish tone on economy
The dollar rose on Monday after Federal Reserve Chair Jerome Powell adopted a more hawkish tone on the economy, leading traders to pare bets that the U.S. central bank will cut rates by 50 basis points again at its next meeting.
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
During comments before the National Association for Business Economics in Nashville, Tennessee, Powell characterized the economy and hiring as healthy while noting that the Fed is
To capture Arizona, Trump or Harris must win over 3 voting groups in this massive county
Maricopa County will decide the presidential race in Arizona and who gets the state's electoral votes. These communities will ...
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 ...
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 ...
Helene 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 ...
14 of Demi Moore's Most Iconic Hairstyles Over the Years
Demi’s hair in the early days was so natural and really gave the girl-next-door look. The long, dark hair with wavy volume ...
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 ...
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 ...
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 ...
Harris plans to troll Trump over second debate during Alabama football game
When former President Donald Trump looks up from his seat in Bryant-Denny Stadium Saturday night during the Alabama-Georgia ...
Commanders vs. Cardinals prediction, odds, line, spread, time: 2024 NFL picks, Week 4 best bets from model
SportsLine's model simulated Washington Commanders vs. Arizona Cardinals 10,000 times and made its Week 4 NFL picks, ...
Honda's history through the decades: Here's the 13 coolest models of all time
Engineering excellence and no fear of engine revs define Honda’s best automotive efforts. Here's the brand's coolest vehicles ...