Fed's Powell Reiterates No 'Hurry' To Cut Interest Rates As Inflation Remains 'Somewhat Elevated' (UPDATED)
This story has been updated with additional details. Federal Reserve Chair Jerome Powell reiterated on Tuesday that ...
Experian study: Average U.S. consumer debt and statistics
Experian examined representative and anonymized credit data through Q3 2024 to identify trends within average and total debt ...
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
Fed Chair Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
LIVE: FTSE 100 and US stocks slip as Powell says there's 'no hurry' for rate cuts
The FTSE 100 was higher and European markets were mixed on Tuesday morning as the EU said it would respond to new US tariffs on steel and aluminium imposed by Donald Trump. The FTSE 100 ( ^FTSE) rose ...
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Fed Chair Powell says officials are in no hurry to cut interest rates
Washington (CNN) — The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. “With our policy stance now significantly less ...
Powell Tells Congress Fed Still in No Rush to Lower Rates
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...
Fed Chair Powell says central bank doesn't ‘need to be in a hurry' to lower interest rates further
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
The Fed chair is expected to deliver a simple message to lawmakers: Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Why this week’s inflation report is especially important
Fed officials are wary about getting through turn-of-the-year price resets, which contributed to big inflation jumps in ...
Reserve Bank of Australia to cut rates amid turbulent conditions
Headline CPI corrected meaningfully from 3.8% in June 2024 to 2.4% in the third quarter, slightly below the mid-point of the ...