Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
Even with two Fed rate cuts now in the books, you can still easily earn 4% to 5% returns in a number of risk-free ways. One ...
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
The report appears to keep the Federal Reserve on track for a December rate cut. Minneapolis Fed president Neel Kashkari told ...
October inflation readings out this week have shown little progress toward the Fed's 2% inflation target, putting into ...
Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...
But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...
When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a ...
Federal Reserve Chair Jerome Powell's latest comments on inflation sent odds of a December interest-rate cut lower. Odds of a quarter-point cut in December were down to 58.9% from 82.5% on Thursday, ...
Traders remain confident that another quarter-point rate cut is coming in December, even if they are less sure about what will happen in the first half of 2025. The market is pricing in an 82% chance ...
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.