Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
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 ...
Stocks moved lower after Federal Reserve Chair Jerome Powell said the central bank is in 'no hurry' on rate cuts.
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
The central bank has lowered interest rates by 0.75-point since September.
At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...
The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully,” Powell said.