Powell Speech Sends December Rate-Cut Odds Sliding
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, ...
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 ...
Axios on MSN47m
Fed's Powell: Economy "remarkably good," no need to hurry lowering rates
The U.S. economy is in strong shape, Federal Reserve chair Jerome Powell said Thursday, which means the central bank can move ...
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 ...
Fed’s Powell: Rate cuts are still underway
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.
The New York Times52m
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
“We are committed to finishing the job.” For investors, the question is whether slightly sticky inflation and strong growth ...
Jobless claims fall to lowest level in 6 months, following drop in interest rates, inflation
The Labor Department reportedt hat jobless claim applications fell by 4,000 to 217,000 for the week of Nov. 9 — less than the ...
Average Rate on 30-Year Mortgage Drops Slightly After 6 Weeks of Increases
Mortgage rates on a 30-year home loan have fluctuated throughout the year, reaching a peak of 7.22 percent in May. In late ...
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Compound Interest Helped Me Double My Savings In One Year
By setting up automated transfers into a high-yield savings account, I watched compound interest do its magic.
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 ...
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Two firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
On Sep. 18, when the Fed slashed rates by half a percentage point, markets had projected the Fed would finish 2025 with a ...
JPMorgan Asset Management’s Ward Sees Fed on Hold in 2025
The Federal Reserve is likely to pause its interest-rate cuts after December to assess the economic impact of policies under ...