Powell says more interest rate cuts are ahead, but Fed is not in a hurry
Why it matters: For now it looks likely that the U.S. economy could avoid a recession as inflation plunges and the labor market remains healthy. Powell signaled that lower rates could help guarantee a so-called "soft landing," but cautioned that some risks remain.
A mistake by the U.S. central bank in setting interest rates during the last phase of its inflation battle is the main risk ...
Federal Reserve Chair Jerome Powell said the central bank will lower interest rates “over time,” while again emphasizing that ...
His approach contrasts sharply with that of his predecessors, and it’s precisely this difference that has won him unique control over the Fed’s narrative of late. Powell’s authority doesn ...
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback