Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
The Fed has now cut interest rates twice this year, which should lead to a drop in auto loan rates. Car prices have also ...
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
Even with two Fed rate cuts now in the books, you can still easily earn 4% to 5% returns in a number of risk-free ways. One ...
At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
The Federal Reserve cut interest rates by a quarter of a percent as inflation begins the path to stabilization.
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...