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Fed's Powell Says No Need to Hurry Rate Cuts

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…

CNN on MSN · 12h

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.

FOX News on MSN · 12h

Fed Chair Jerome Powell says central bank in no rush to reach 'neutral rate'

Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for interest rates and will respond to economic data as it comes in.

3hon MSN

Relief from higher rates is uncertain, as Fed signals slower move on cuts

Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.

14hon 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 ...

15h

CNBC Daily Open: Powell's comments gave investors a reality check

Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...

16h

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.

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