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.
The dollar was set for its biggest weekly gain in over a month on Friday, supported by expectations of fewer Federal Reserve ...
The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking ...
Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...
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