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Fed's Powell Says No Need to Hurry Rate Cuts

Associated Press on MSN · 6h

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 months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next.

Fed Chair Jerome Powell says no need to 'hurry' rate cuts

While speaking in Dallas on Thursday, Powell said economic growth will allow the Fed to tread carefully before making any rate cuts.

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 bankers room to lower interest rates at a careful pace.Most Read from BloombergUnder Trump,

India's Oct wholesale inflation accelerates to 4-month high

Inflation accelerated in October, offering first look at prices since election

Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the annual rate of 2.4% recorded during the previous month.

Reuters on MSN · 22h

India's Oct wholesale inflation accelerates to four-month high

India's wholesale price-based inflation accelerated to a four-month high of 2.36% year on year in October due to elevated food prices, government data released on Thursday showed. Inflation for October was higher than the 2.

CNN on MSN · 1d

Inflation hit a bump in October after slowing for six straight months

The annual rate of inflation moved higher last month for the first time since March, as expected — but economists say the underlying trend remains favorable for another round of interest rate cuts.

More Inflation Data, Disney Earnings, Powell Speech

Reuters on MSN · 10h

Wall St indexes fall after latest inflation data; Powell speech awaited

Wall Street's main indexes lost ground on Thursday after monthly producer prices rose as expected, with investors awaiting Federal Reserve Chair Jerome Powell's comments expected during the last hour of trading for clues on the outlook for interest rates.

Wall Street Journal · 20h

More Inflation Data, Disney Earnings, Powell Speech: What to Watch Thursday and Friday

Retail sales, plus another inflation report, are this week's main remaining economic data releases. Plus, Federal Reserve Chair Jerome Powell is set to speak on the economic outlook, and there are a few earnings still on the slate.

Dow Jones Rises After Inflation Data, Powell Speech Looms; Disney Surges On Earnings

The Dow Jones rose Thursday morning after key inflation data and ahead of Fed Chair Powell's speech. Disney soared on earnings.

9hon MSN

Federal Reserve is confident that recalibrating policy will lead to 2% inflation: Powell

Federal Reserve Chair Jerome Powell appeared to be saying that the central bank is confident that it can steer the U.S.

15h

Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks

Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...

5hon MSN

Jerome Powell Really Doesn't Want to Talk Fiscal Policy

Federal Reserve Chair Jerome Powell spoke Thursday for the first time since the central bank's last policy meeting and the ...

1h

Fed's Powell on Inflation, Trump Taps Burgum for Interior, More

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