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Fed Chair Jerome Powell Sees No Rush for Rate Cuts
Federal Reserve Chair Jerome Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates
The Federal Reserve Chairman Jerome Powell announced on November 14 that strong U.S. economic growth will allow policymakers to decide how fast to lower interest rates. Powell argues that the economy is not sending any signals that the Fed needs to be in any hurry to lower rates.
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 Fed will continue cutting rates, but there's no preset course
The Fed is moving policy over time to a more neutral setting, but “the path for getting there is not preset,” Powell said Nov. 14 at an event hosted by the Dallas Regional Chamber, the Federal Reserve Bank of Dallas and the World Affairs Council of Dallas/Fort Worth.
Pensions&Investments
17h
How will Trump's second term impact the Fed?
For now, the Fed and Chair
Jerome
H
.
Powell
are in wait-and-see mode. “I think we have time to make assessments about ...
12d
Jerome Powell Dismisses Idea of Trump Firing Him
Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in ...
6d
on MSN
Jerome Powell says the 'real issue' behind the US housing crisis is 'not something the Fed can really fix' — here's why and what Americans can do
Accredited investors can become the landlord of Walmart, Whole Foods or Kroger — and benefit from regular distributions ...
5d
on MSN
Jerome Powell Really Doesn't Want to Talk Fiscal Policy
Federal Reserve Chair Jerome Powell still would rather not talk about such potential Donald Trump priorities as central bank ...
11d
on MSN
Would Fed Chair Jerome Powell resign if Trump asked him to? He’s got a one-word answer
Federal Reserve Chair Jerome Powell said he would not resign from his position if President-elect Donald Trump asks him to do ...
Wall Street Journal
12d
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Powell
also said it is too soon to say how policies of the incoming Trump administration would reshape economic prospects. Here is a transcript:
JEROME
H
.
POWELL
: Good afternoon. My colleagues ...
4d
on MSN
The fight over Jerome Powell puts Elon Musk at odds with Wall Street
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
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