Federal Reserve Chair Jerome Powell's remarks came as the latest batch of U.S. economy data released earlier in the day generated some uncertainty about the outlook for interest rates.
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
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.
Related: Despite interest rate cuts, mortgage rates rise for home buyers So it's happened this week. Both the Consumer Price ...
In a move that consumers will welcome, the Federal Reserve on Thursday slashed its benchmark interest rate by a quarter of a ...
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Federal Reserve Chair Jerome Powell says inflation is moving on a "sometimes-bumpy" path toward 2%. "The economy is not ...
The head of the Federal Reserve said Nov. 14 that the central bank will likely cut its key interest rate slowly and ...
Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the ...
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...