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Fed's Powell Says No Need to Hurry Rate Cuts

Fed’s Powell: Rate cuts are still underway, but there’s no hurry

Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.

Reuters · 9h

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.

Associated Press on MSN · 5h

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.

Treasury Yields Slip From 3-Month High With Powell Ahead

Wall Street Journal · 8h

Treasury Yields Rise After Powell Comments

Treasury yields are up after Federal Reserve Chair Jerome Powell said that economic data suggests that the Fed doesn’t need to be in a rush to cut interest rates. The selloff in Treasurys was most pronounced in short-term notes,

Bloomberg on MSN · 11h

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.

MarketWatch on MSN · 13h

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.

2hon MSN

Stocks end lower after Powell throws cold water on hopes for December interest-rate cut

The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.

5hon 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 ...

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: ...

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 ...

16h

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 ...

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 ...

WCMH Columbus on MSN1d

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 ...

4hon MSN

Columbus police creates team to investigate non-fatal shootings

The department created a new team under the felonious assault unit called the non-fatal shoot team. That team is made up of eight detectives and two officers who are focused on investigating and ...

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Fed's Powell Says No Need to Hurry Rate Cuts

Treasury Yields Slip From 3-Month High With Powell Ahead

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