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Fed's Powell Says No Need to Hurry Rate Cuts

CNN on MSN · 23h

Fed’s Powell: Rate cuts are still underway, but there’s no hurry

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.

Fed Chair Powell delivers blunt message on interest rate cuts

Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to appoint Pete Hegseth as secretary of Defense on Wednesday. “Pete served 20 years. He was awarded the Bronze Star twice in Iraq and Afghanistan. He’s somebody that I got to know when he was running Concerned…

The New York Times · 1d

Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates

A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.

1don MSN

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 ...

5h

10-year Treasury yield near 4-month high as Powell signals Fed in no rush to push rates much lower

Treasury yields rose on Thursday as investors monitored a fresh batch of economic data and a flurry of speeches from Federal ...

CBS News on MSN7d

Fed Chair Jerome Powell says he won't resign if Donald Trump asks him to step down

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...

18hon MSN

Stock market today: Indexes tumble after Fed comments dent December rate-cut odds

The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...

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