Powell says more interest rate cuts are ahead
Powell’s Outsized Influence Signals Smaller Fed Cut, Nomura Says
The Federal Reserve is likely to downsize its rate cuts to 25 basis points at both the November and December policy meetings, according to Aichi Amemiya at Nomura Securities International.
Powell says more interest rate cuts are ahead, but Fed is not in a hurry
Why it matters: For now it looks likely that the U.S. economy could avoid a recession as inflation plunges and the labor market remains healthy. Powell signaled that lower rates could help guarantee a so-called "soft landing," but cautioned that some risks remain.
Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy.
Powell Points to Two More Normal-Size Rate Cuts This Year
Jerome H. Powell, chair of the Federal Reserve, said that central bankers will lower rates as much as needed, but have forecast two more quarter-point rate cuts this year.
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected.
Fed Sees No 'Hurry' to Cut Rates as Confidence in Economy Grows, Powell Says
GDI is an alternate measure of economic growth, similar to gross domestic product, but with income rather than output as the yardstick. A gap between the two led Fed officials to worry that output might be weaker than thought, but the two converged when the estimate of GDI was increased.
Fed Rate Cuts Are Less Urgent After Powell Made Breathing Space. Here’s Why and 5 Other Things to Know Today.
OpenAI nearly doubles valuation to $157 billion in latest funding round, Tesla deliveries rose but analysts wanted more, and other news to start your day.
The Next Fed Rate Cut Is Coming — but How Big Will It Be?
It’s all but certain that the next move Americans see from the Federal Reserve will be a second interest rate cut. The real question is whether officials will “go big” again with another half-percentage-point reduction.
Fed is in no 'hurry' to cut rates quickly. Could that patience be tested?
Federal Reserve Chair Jerome Powell has made it clear the central bank isn’t in a 'hurry' to bring interest rates down, but that will be put to the test this fall with a series of job reports starting Friday.
Powell says U.S. economy is in ‘solid shape’ — and the Fed intends to keep it that way
Federal Reserve Chair Jerome Powell said the 50-basis-point cut in the central bank’s policy rate earlier this month was a ...
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Election 2024: Debbie Mucarsel-Powell seeks to unseat Rick Scott in U.S. Senate
TAMPA, Fla. - U.S. Senator Rick Scott is locked in a dead heat with Debbie Mucarsel-Powell to keep his U.S. Senate seat.
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If the Bier Stube finds a new location in Columbus, its old walls will be there, too
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