Fed sees no ‘hurry’ to cut rates as confidence in economy grows, Powell says
Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts moving forward and was not “in a hurry” after new data boosted confidence in ongoing economic growth and consumer spending.
Among 32 professional forecasters surveyed recently by the National Association for Business Economics, 39% cited a "monetary ...
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
Asia-Pacific markets showed mixed results on Tuesday following remarks from US Federal Reserve Chair Jerome Powell. Powell ...
Stocks were off slightly in early trade Monday, but on track for monthly gains with the Dow and S&P 500 near records set last week. Investors will be paying attention to remarks from Federal Reserve ...
By Ron Lieber and Tara Siegel Bernard Jerome H. Powell made it clear that the Federal Reserve will cut rates on Sept. 18, as the central bank turns the corner in its fight against inflation.
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Fed and Treasury officials were ridiculed for predicting that the post-pandemic surge in inflation would be 'transitory.' But ...
The United States is set to see inflation cool further towards policymakers' target, Federal Reserve chair Jerome Powell said ...
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