Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Related: Despite interest rate cuts, mortgage rates rise for home buyers So it's happened this week. Both the Consumer Price ...
"The economy is not sending any signals that we need to be in a hurry to lower rates," he said, calling the US economy's ...
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...
Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the ...
Jerome Powell's comment that the Fed won't be quick to make rate cuts raised mortgage rates to an even higher level on Friday, eclipsing 7%.
The U.S. central bank has lowered interest rates by 0.75 point since September.
During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.