Powell says the Fed doesn't need to be ‘in a hurry' to reduce interest rates
The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully,” Powell said.
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Stock market today: Dow, S&P 500, Nasdaq slide as Powell says Fed in no 'hurry' on rate cuts
US stocks slid on Thursday as the post-election rally stalled further and investors assessed remarks from Federal Reserve Chair Jerome Powell, who said in a speech that the central bank does not need ...
Fed does not need to 'be in a hurry' to lower rates: Powell
Federal Reserve Chair Jay Powell said the central bank does not need to be "in a hurry" to lower interest rates due to the economy’s strength, and that the Fed would be "watching carefully" to make ...
Powell says no need for Fed to rush rate cuts given strong economy
But the pace of rate cuts "is not preset," Powell said at a Dallas Fed event, adding that "the economy is not sending any signals that we need to be in a hurry to lower rates. The strength we are ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Powell to Speak on Interest Rates and the Economy. Look for Clues About the Fed’s Next Rate Decision.
Federal Reserve Chair Jerome Powell will headline a busy week of central-bank officials’ public remarks on Thursday.
The New York Times47m
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
By Jeanna Smialek Jerome H. Powell, the chair of the Federal Reserve, said that a solid economy with low unemployment, robust ...
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.