Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday.
“We are committed to finishing the job.” For investors, the question is whether slightly sticky inflation and strong growth ...
Traders in financial markets piled into bets that the Fed's policy-setting Federal Open Market Committee, fresh from last ...
Why it matters: Despite last month’s lack of progress on prices, the Fed is expected to lower its main federal funds ...
The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation ...
Canada's main stock index rose slightly on Wednesday after a rally in the previous session, as U.S. inflation data reinforced ...
Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading ...
Wall Street gained confidence that the Federal Reserve will opt for another quarter-point interest-rate cut in December after the consumer price index for October matched expectations. Traders saw a ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback