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Fed will likely cut rates cautiously
Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
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
Jerome Powell says Fed Isn't in Hurry to Cut Interest Rates
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
The Boston Globe
2d
Trump, the Fed, and the almost inevitable showdown over interest rates
At least for now. Trump, who appointed
Powell
as
Fed
chair, weighed firing him in a disagreement over
interest
rates
...
9d
Fed meeting today: Interest rates cut by quarter-point as Powell wrestles with Trump's election win, inflation questions
Trump became very critical of
Powell
toward the end of his first term in office because the president thought the
Fed
...
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