jerome powell inflation news

Fed is in no hurry to lower interest rates

Powell says Fed will likely cut rates cautiously given persistent inflation pressures

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next.

The Irish Times · 16m

Jerome Powell says US Federal Reserve in no ‘hurry’ to lower interest rates

Jerome Powell backed a gradual approach to lowering interest rates, saying the US central bank does not need to be “in a hurry” during a strong economy and a “bumpy” path down for inflation.

Newsweek on MSN · 12h

Jerome Powell says Fed Isn't in Hurry to Cut Interest Rates

"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.

More Inflation Data, Disney Earnings, Powell Speech

Wall Street Journal · 23h

More Inflation Data, Disney Earnings, Powell Speech: What to Watch Thursday and Friday

Retail sales, plus another inflation report, are this week's main remaining economic data releases. Plus, Federal Reserve Chair Jerome Powell is set to speak on the economic outlook, and there are a few earnings still on the slate.

Yahoo · 18h

Dow Jones Falls After Inflation Data, Powell Speech Looms; Disney Surges On Earnings

The Dow Jones rose Thursday morning after key inflation data and ahead of Fed Chair Powell's speech. Disney soared on earnings.

Zacks.com on MSN · 16h

Wholesale Inflation Higher, Disney Posts Earnings Beat

Thursday, November 14, 2024 This morning, pre-market trading is mild. The big relief rally following the General Election — Republicans yesterday won a majority in the House, officially making it a clean sweep — has given way to a more cautious approach,

8hon MSN

Jerome Powell Really Doesn't Want to Talk Fiscal Policy

Federal Reserve Chair Jerome Powell spoke Thursday for the first time since the central bank's last policy meeting and the ...

18h

Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks

Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...

U.S. Stocks Headed for Losses as Powell Punctures Trump Rally

The Trump trade looks to have temporarily run out of steam. U.S. stock futures were pointing to losses early on Friday, continuing a drop started the previous day by producer-price inflation data and ...

Inflation accelerated in October, offering first look at prices since election

Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...

11h

Fed will reserve judgement about Trump economic policy 'until we know what we're talking about, Powell says

Fed Chair Powell was pressed about how the central bank will alter its policy in the wake of President-elect Donald Trump's ...

Newsweek on MSN10h

Jerome Powell Says U.S. Is On It's Way To 2% Inflation Goal

During a speech in Dallas, Federal Reserve Chair Jerome Powell said that inflation is getting closer to the Fed's 2 percent ...

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