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Jerome Powell, Federal Reserve
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday.
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
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.
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 months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next.
17h
on MSN
Nasdaq drops 2%, S&P, Dow fall as Powell remarks drive reassessment of rate-cut pace
Major averages slid Friday as Wall Street reassessed what's next for the Federal Reserve's rate-cutting cycle, driving stocks ...
14h
Wall St sinks on Powell rate-cut caution, Trump cabinet picks
Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two ...
1d
Josh Brolin And Glen Powell Just Had A Hilarious Exchange Over The Mesh Shirt He Wore In His Latest Interview And I Can't Get Enough
Talk about a bold look. Powell has become a sex symbol over the past year, partly thanks to that oiled up scene from Top Gun: ...
19h
on MSN
Will Trump fire Fed chair Jerome Powell?
During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.
1d
on MSN
CNBC Daily Open: Powell’s comments gave investors a reality check
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
2d
on MSN
Lake Powell at Existential Risk As River Basins Head for 'Tipping Point'
Largest-ever modeling analysis reveals traditional water management strategies may fall short as climate pressures mount on ...
13h
on MSN
Norman Powell quickly becoming Clippers star team needs
Norman Powell has averaged 26 points in his first year as a starter for the Clippers. His the latest on his increased role.
42m
Police: 6 injured in east Columbus crash
Six people were injured in a two-vehicle crash in east Columbus Friday night, police said.
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