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Fed is in no hurry to lower interest rates
Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
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 likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week and half-point cut in September.
The Boston Globe
16h
Trump, the Fed, and an almost inevitable showdown over interest rates
At least for now. Trump, who appointed Powell as
Fed
chair, weighed firing him in a disagreement over interest
rates
in ...
1d
Fed Officials Fret Over How Far They Can Lower Interest Rates
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
Hosted on MSN
1d
Kansas City Fed's Schmid says 'remains to be seen' how much further interest rates fall
Schmid said the
Fed
's decision last week to cut interest
rates
by 25 basis points reflected their confidence that both ...
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