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Fed's Powell Says No Need to Hurry Rate Cuts

Strong Economy Leaves Fed in No Hurry to Cut Interest Rates, Says Chair Powell

But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of runaway inflation. Inflation peaked at 9.1% in June 2022 before slowly making its way back down closer to the Fed's target range of 2%.

Yahoo · 8m

Fed Chair Powell delivers blunt message on interest rate cuts

Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to appoint Pete Hegseth as secretary of Defense on Wednesday. “Pete served 20 years. He was awarded the Bronze Star twice in Iraq and Afghanistan. He’s somebody that I got to know when he was running Concerned…

The New York Times · 18h

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.

Wall St loses ground after Powell urges caution on rate cuts

Wall Street's main indexes tumbled on Friday after Federal Reserve Chair Jerome Powell said there was no need to rush ...

Powell Didn't Turn Hawkish

Rising interest rates reflect steady economic growth. See why Powell's approach signals resilience and a possible year-end ...

7hon 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 ...

12hon MSN

2-year Treasury yield jumps after the close, with Powell patient about rate cuts

The policy-sensitive 2-year Treasury yield edged higher after 3 p.m. Eastern time on Thursday, following fresh comments from Federal Reserve Chair Jerome Powell that indicated the central bank isn’t ...

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