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Fed's Powell Says No Need to Hurry Rate Cuts
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 chair said.
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday.
Fed Chair Powell delivers blunt take on interest rates
Related: Despite interest rate cuts, mortgage rates rise for home buyers So it's happened this week. Both the Consumer Price Index and Producer Price Index reports showed small increases when many investors and economic experts were expecting flat results or declines.
Interest Rate, Bank of England
Bank of Mexico lowers key interest rate, leaves door open to future cuts
The Bank of Mexico on Thursday lowered its benchmark interest rate by 25 basis points for a third straight meeting, underscoring progress on bringing down core inflation and signaling future rate cuts were possible.
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.
Live: Bank of England cuts interest rates to 4.75%
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and analysis from the team at MoneyWeek.
9h
on MSN
Investors are underestimating how deep rate cuts will be in 2025, Goldman says
Goldman thinks the Fed will cut rates more aggressively than expected through the end of 2025.
6h
Fed will likely cut rates cautiously given persistent inflation pressures, chairman says
The head of the Federal Reserve said Nov. 14 that the central bank will likely cut its key interest rate slowly and ...
Honolulu Star-Advertiser
5h
Wall Street indexes end lower after hopes for next rate cut erode
Wall Street’s main indexes closed lower today after Federal Reserve Chair Jerome Powell dampened investors’ hopes for another ...
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