"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for ...
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...
After Powell's remarks, traders in the federal-funds futures market lowered the odds of a quarter-point rate cut in December to 58.9%. Before his comments, the odds of a cut were at 72.2%.
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.
Stocks moved lower after Federal Reserve Chair Jerome Powell said the central bank is in 'no hurry' on rate cuts.
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
The Fed is moving policy over time to a more neutral setting, but “the path for getting there is not preset,” Powell said Nov ...
The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully,” Powell said.
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in D.C.