Fed in no rush to cut rates, says Powell
Nov 15, 2024In his speech in Dallas, Powell said it wouldn’t be a surprise to see slow progress on the inflation front...
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In his speech in Dallas, Powell said it wouldn’t be a surprise to see slow progress on the inflation front...
European Union flags near the EU Commission in Brussels, Belgium. Ksenia Kuleshova/Bloomberg As U.S. regulators grapple over a joint capital...
The Fed implemented its first rate cut since the pandemic last week, lowering rates by half a percentage point and...
Now that Federal Reserve Chair Jerome Powell has made it crystal clear that interest-rate cuts are coming next month, bond...
Lowering rates, he added, would likely offer a way for the economy to return to the Fed’s 2% inflation target...
The fact that scores of borrowers bought or refinanced their homes during the record-low-rate environment of the COVID-19 pandemic means...
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The Federal Reserve opted against lowering interest rates after its latest meeting, keeping its key rate unchanged yet again and...