Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
Wall St indexes end lower after Powell erodes hopes for December rate cut
Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the U.S. central bank need not rush to ease monetary policy.
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.
Powell says Fed doesn’t need to hurry to cut interest rates
Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path back to the central bank’s 2% target, and that he expects inflation to continue to come down on a “sometimes bumpy” path.
Powell says no need for Fed to rush rate cuts
Powell says the Fed is not in any 'hurry' to lower interest rates:: Jerome Powell, Federal Reserve Chair"The labor market remains in solid condition. Inflation has eased substantially from its peak, and we believe it is on a sustainable path to our 2% goal.
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 interest rate cut this year by saying the U.S. central bank need not rush to ease monetary policy.
Powell Says Fed Isn’t in a ‘Hurry’ to Cut Rates. The Inflation Fight Isn’t Over.
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Fed cuts interest rates by quarter point
The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.
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The Fed has elected to lower its benchmark interest rate once again. Read on to see what actions you should take.
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