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Fed's Powell Says No Need to Hurry Rate Cuts
Fed's Powell declines to say if he would remain after chair term expires
Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board member after his term as chief expires in May 2026. Powell, asked at an event in Dallas whether he would consider being the first Fed chair in more than seven decades to remain on the Fed board after no longer serving as its leader,
Fed Chair Jerome Powell says no hurry to cut rates with economy strong
Several Fed officials have said they believe the fed funds rate remains in restrictive territory and favor moving gradually down toward it.
US Fed Chair Jerome Powell says no need to rush rate cuts amid strong economy
Jerome Powell noted that the economy was not signaling any distress that would necessitate an accelerated pace of rate cuts. On the contrary, he remarked, “if the data allow us to proceed a bit more gradually,
More Inflation Data, Disney Earnings, Powell Speech
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.
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.
Dow Jones Futures Rise Ahead Of More Inflation Data, Powell Speech; Disney Surges On Earnings
The Dow Jones rose Thursday morning ahead of inflation data and Fed Chair Powell's speech. Disney soared on earnings.
Treasury Yields Slip From 3-Month High With Powell Ahead
Treasury Yields Rise After Powell Comments
Treasury yields are up after Federal Reserve Chair Jerome Powell said that economic data suggests that the Fed doesn’t need to be in a rush to cut interest rates. The selloff in Treasurys was most pronounced in short-term notes,
Treasury Yields Slip From Three-Month High With Powell Ahead
Traders are taking stock in the $28 trillion Treasury market after days of frenetic price action, nudging long-term yields down from their highest since July as they assess the latest economic data and the impact of a Republican sweep in the US election.
10-, 30-year Treasury yields fall from 4-month highs ahead of Powell appearance
Treasury yields broadly fell Thursday morning as traders looked past a rise in U.S. wholesale prices for October and waited for fresh comments from Federal Reserve Chair Jerome Powell later in the session.
37m
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
2h
on MSN
CNBC Daily Open: Powell's comments drag investors down to earth from postelection high
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
5h
on MSN
Jerome Powell in Dallas: Politics would be ‘distraction’ to Federal Reserve goals
Federal Reserve chairman Jerome Powell earned his largest round of applause from his Dallas audience when he rebuffed a ...
5h
on MSN
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
3h
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...
1h
Fed Chair Jerome Powell says no need to hurry rate cuts with strong economy
US central bankers began lowering borrowing costs in September with an aggressive half-percentage-point cut, and then lowered ...
1h
on MSN
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
3h
on MSN
Jerome Powell Really Doesn't Want to Talk Fiscal Policy
Federal Reserve Chair Jerome Powell on Thursday said it was too soon to discuss how future fiscal policy could impact the ...
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