Jerome Powell says Fed Isn't in Hurry to Cut Interest Rates
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
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Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
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Fed’s Collins optimistic as inflation nears 2% goal
Federal Reserve Bank of Boston President Susan Collins expressed confidence that inflation is on track to sustainably reach ...
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
The Fed's biggest challenge has become the 'Sasquatch of the financial world'
The "neutral rate" of interest is something most economists and Fed officials are convinced exists, but it has never been ...
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.