Fed's Powell: Strong economy means no hurry to cut rates
The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," with low unemployment and inflation that remains above the Fed's 2% target,
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
Fed meeting recap: Powell says central bank is in no hurry to cut rates again
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair Jerome Powell’s press conference.
Fed Chair Jerome Powell: 'No hurry' to adjust monetary policy
Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.
Key takeaways from Fed Chair Jerome Powell’s congressional hearing
America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the Consumer Financial Protection Bureau,
S&P 500 Jumps Despite Fed Chair Jerome Powell’s Interest Rate Warning
The S&P 500 (SPX) jumped today despite a warning from Federal Reserve Chairman Jerome Powell about future interest rate cuts. Powell noted
Powell says Fed ‘well positioned’ for the ‘risks and uncertainties’ that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
Los Angeles Times16d
Fed pauses interest rate cuts. What happens next may depend on Trump
There was no immediate comment from Trump after the Fed’s decision was announced. Stocks generally traded lower after the release of the Fed statement. Powell said the Fed would carefully ...
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
MarketWatch16d
Fed now has less reason to cuts rates, says economist
Inflation that's "no longer dropping" and employment that's "no longer weakening" give the Federal Reserve less reason to lower interest rates from here, according to Chris Low, chief economist ...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
Steady hiring and a mostly-healthy job market suggest that there is less of an urgent need for the Fed to reduce borrowing ...
CNET16d
Do This With Your Money Now to Take Advantage of the Fed's Rate Pause
A rate pause means there's still time to score a high annual percentage yield, or APY, on a CD. Banks tend to follow the Fed's lead when setting CD rates, so we're likely to see APYs hold steady for ...