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Wall Street falls on rate cut commentary
Wall Street's main indexes closed lower overnight after federal reserve chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the US central bank need not ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
Powell says no need to rush rate cuts
Federal Reserve chairman Jerome Powell said the strong US economy has given central bankers room to lower interest rates at a ...
Gold Holds Near Two-Month Low as Powell Flags Rate-Cut Restraint
Gold held near a two-month low amid persistent strength in the dollar, with traders winding back expectations for a Federal ...
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 ...
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Powell: Fed is in no hurry to lower interest rates
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
4 Smart Places to Safely Stash Savings Now That the Fed Has Cut Rates
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 ...
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Jerome Powell says Fed Isn't in Hurry to Cut Interest Rates
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.