Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy.
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected.
Powell Expects Two More Smaller Rate Cuts This Year, Still Sees a Soft Landing
The Fed chair is speaking at the annual meeting of the National Association for Business Economics in Nashville, Tenn.
Fed’s Powell Says Rate Cuts Can Sustain Soft Landing, but Sees No Need to Rush
Federal Reserve Chair Jerome Powell said the economy was in solid shape. “We intend to use our tools to keep it there,” he added.
Powell Points to Two More Normal-Size Rate Cuts This Year
Jerome H. Powell, chair of the Federal Reserve, said that central bankers will lower rates as much as needed, but have forecast two more quarter-point rate cuts this year.
Fed Rate Cut: Will Prices Ever Go Back To ‘Normal’?
Inflation may have (nearly) returned to normal. But prices don’t feel normal. The Federal Reserve cut the federal funds rate by 50 basis points in September as inflation has moved closer to its 2% target.
Fed Chair Jerome Powell: 'Growing confidence' inflation cooling, more rate cuts possible
Powell said two more rate cuts are possible if the economy continues to perform as expected, though they are likely to not be as aggressive as the cut two weeks ago.
Powell Terms Economy ‘Strong Overall’ While Also Foreshadowing More Interest Rate Cuts
In a speech to a group of economists, the Federal Reserve chairman offered an even-handed assessment of the economy.
How Low Might Mortgage Rates Go As The Fed Cuts Interest Rates?
Last November, the 30-year mortgage rate approached 8%. After the Federal Reserve cut interest rates on September 18, it’s approaching 6%.
Fed Chair Powell Says Economy is in ‘Solid Shape’
The relative strength of the economy means the central bank will take a deliberate policy approach, with gradual rate cuts coming.
Rupee may struggle after Powell dampens hopes of another jumbo rate cut
The Indian rupee is expected to open slightly weaker and stay under pressure on Tuesday after Federal Reserve Chair Jerome Powell pushed back against expectations of more larger-than-usual interest rate cuts,
Apollo CEO Rowan Warns That Aggressive Rate Cuts Could Backfire
Apollo Global Management Inc. Chief Executive Officer Marc Rowan said he doesn’t see a reason for the US Federal Reserve to ...
Fed sees no 'hurry' to cut rates as confidence in economy grows, Powell says
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark ...
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How much would a $75,000 home equity loan cost per month after rate cuts?
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We finally got a rate cut. Here’s what history says will happen next
So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair ...
Projected Fed rate cuts could see 'income drag' akin to 2020 :Mike Dolan
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ECB Momentum for an October Rate Cut Is Looking Unstoppable
An interest-rate cut that European Central Bank officials deemed unlikely just three weeks ago now seems a near certainty ...