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.
On the surface, the Fed's ability to influence interest rates via its federal funds rate would appear to have night-and ...
Bond investors, who are more obsessed with interest rates than the stock market, are worried. Yields on the benchmark ...
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Fed cuts interest rates by quarter point as economic expansion continues at solid paceThe Federal Reserve Thursday lowered interest rates for the second time this year, cutting the federal lending rate by a ...
Inflation rose slightly in October in line with economists' expectations, as the consumer price index was up 2.6% from a year ...
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on ...
Getting inflation back down to 2% is proving to be a grind. Prices paid to producers for their output climbed by 0.2% last ...
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published Wednesday, complicating the US Federal Reserve's plans to cut interest ...
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