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Powell says no rush needed on more rate cuts
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next.
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The economy is not sending any signals that we need to be in a hurry to lower rates,” Powell said at a talk in Dallas on Thursday. “The strength we are currently seeing in
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday.
More Inflation Data, Disney Earnings, Powell Speech
More Inflation Data, Disney Earnings, Powell Speech: What to Watch Thursday and Friday
Retail sales, plus another inflation report, are this week's main remaining economic data releases. Plus, Federal Reserve Chair Jerome Powell is set to speak on the economic outlook, and there are a few earnings still on the slate.
Dow Jones Falls After Inflation Data, Powell Speech Looms; Disney Surges On Earnings
The Dow Jones rose Thursday morning after key inflation data and ahead of Fed Chair Powell's speech. Disney soared on earnings.
Dow Jones Futures Rise Ahead Of More Inflation Data, Powell Speech; Disney Surges On Earnings
The Dow Jones rose Thursday morning ahead of inflation data and Fed Chair Powell's speech. Disney soared on earnings.
Treasury Yields Slip From 3-Month High With Powell Ahead
Treasury Yields Slip From Three-Month High With Powell Ahead
Traders are taking stock in the $28 trillion Treasury market after days of frenetic price action, nudging long-term yields down from their highest since July as they assess the latest economic data and the impact of a Republican sweep in the US election.
10-, 30-year Treasury yields fall from 4-month highs ahead of Powell appearance
Treasury yields broadly fell Thursday morning as traders looked past a rise in U.S. wholesale prices for October and waited for fresh comments from Federal Reserve Chair Jerome Powell later in the session.
Treasury Yields Rise as U.S. PPI Accelerates
Treasury yields rise on renewed signs of U.S. economic strength and resilient inflation. October PPI rises as forecast by economists surveyed by The Wall Street Journal. The headline monthly rate is 0.
1h
Dollar sits atop one-year peak as Powell sends yields up, shares hesitant
The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal ...
2h
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 ...
3h
Josh Brolin And Glen Powell Just Had A Hilarious Exchange Over The Mesh Shirt He Wore In His Latest Interview And I Can't Get Enough
Talk about a bold look. Powell has become a sex symbol over the past year, partly thanks to that oiled up scene from Top Gun: ...
3h
on MSN
Fed's Powell declines to say if he would remain after chair term expires
Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board ...
2h
Gold Holds Near Two-Month Low as Powell Flags Rate-Cut Restraint
Gold held near a two-month low amid persistent strength in the dollar, with traders winding back expectations for a Federal ...
14h
Lake Powell at Existential Risk As River Basins Head for 'Tipping Point'
Largest-ever modeling analysis reveals traditional water management strategies may fall short as climate pressures mount on ...
6h
Glen Powell Films “Running Man” Remake in London 37 Years After Original Arnold Schwarzenegger Movie
Based on the Stephen King book of the same name, the film will be the second screen adaptation after Schwarzenegger starred ...
WCMH Columbus on MSN
1d
COhatch to break ground on Powell location as part of downtown revitalization
A Columbus-based co-working business is breaking ground Wednesday on a Powell location, the first step of a larger project to ...
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