"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
The equity markets were flat to down all week, perhaps digesting the upturn after the election. After all, year to date, equities are up in the 20% range.
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to ...
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
The U.S. central bank has lowered interest rates by 0.75 point since September.
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
These are today's mortgage and refinance rates. Mortgage rates have increased a bit as markets look to whether the Fed will ...