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Fed's Powell Says No Need to Hurry Rate Cuts
10-year Treasury yield jumps on week as Powell says Fed not in a hurry to keep cutting rates
U.S. Treasury yields rose on Friday as investors digested Federal Reserve Chair Jerome Powell’s latest comments and await further economic data.
Strong Economy Leaves Fed in No Hurry to Cut Interest Rates, Says Chair Powell
"The economy is not sending any signals that we need to be in a hurry to lower rates," he said, calling the US economy's recent performance "by far the best of any major economy i
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.
1h
Investors are bracing for higher-for-even-longer interest rates
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...
6h
Powell Didn't Turn Hawkish
Rising interest rates reflect steady economic growth. See why Powell's approach signals resilience and a possible year-end ...
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