Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
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 ...
EconoTimes1d
‘Fed’s Rate Cuts Can Wait,’ Powell Declares as Economy Stays Strong and Inflation Lingers
Federal Reserve Chair Jerome Powell announced on Thursday that the U.S. central bank does not feel pressured to hastily ...
Euronews8d
Fed cuts rates by a quarter point as Powell ignores Trump-fuelled inflation risk
"Growth of consumer spending has remained resilient," Powell said. Easing inflation, however, remains "somewhat elevated", with core Personal Consumption Expenditure (PCE) inflation – the Fed ...
Politico8d
Fed’s Powell says Trump can’t fire him
Bond investors pushed up yields on Wednesday as they weighed the possibility that higher tariffs and fewer immigrant workers could stoke inflation. Powell told reporters that Fed officials always ...
The Hill8d
Powell: Fed won’t ‘speculate’ about Trump’s impact on economy
The Federal Reserve cut interest rates by 0.25 percentage points Thursday, the second consecutive cut after a two-year rate-hike run to curb postpandemic inflation. The Federal Open Market ...
Al Jazeera English9d
US Fed cuts interest rates, Powell says won’t quit even if asked by Trump
and will continue to enable further progress on inflation as we move toward a more neutral stance over time,” Fed Chair Jerome Powell said in a news conference following the central bank’s ...
Mint7d
The Fed thinks inflation is vanquished
Federal Reserve Chairman Jerome Powell is sticking with his view that inflation is all but vanquished. The interest-rate cut he delivered Thursday marks a gamble that he won’t need to raise ...
Fox Business8d
Fed's Powell staying put even if Trump has another idea
Federal Reserve Chair Jerome ... for a resurgence of "massive inflation" because the conflict in the Middle East "could drive up the price of energy" and that Powell is "not going to be able ...
Seeking Alpha7d
Fed chair Powell says rising yields reflect higher growth expectations, not inflation
Traders also believe Trump's second term could boost the economy, and the rise in yields reflect both the higher inflation and growth expectations. Fed chair Jerome Powell addressed the rise in ...
Yahoo Finance2d
Fed officials wary of inflation risks as they weigh more rate cuts
Subsequent stronger labor market data suggested those fears were overblown, and with inflation continuing to fall - by the Fed's targeted measure it registered 2.1% in September - the central bank ...
Yahoo Finance8d
Fed's Powell flags careful, patient approach after rate cut
Powell said the Fed will continue assessing data to determine the "pace and destination" of interest rates as officials reset currently tight monetary policy to account for inflation that has ...