Morning Bid: Powell says no rush needed on more rate cuts
Markets were muted ahead of an afternoon speech by Powell. Investors were right to be guarded, since he leaned more hawkish than in recent months, saying the central bank does not need to rush to lower rates and can carefully deliberate over the solid economy and job market and inflation that has yet to come back down to its 2% target.
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.
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
Futures drop as Powell signals no hurry on rate cuts
U.S. stock index futures fell on Friday after Federal Reserve Chair Jerome Powell said there was no need to reduce interest rates in a hurry, pushing up bond yields and pressuring rate-sensitive equities.
Powell Says Strong US Economy Means No Rush to Cut Rates
Good morning. Jerome Powell isn’t in a hurry to lower US interest rates. Rachel Reeves says that the UK’s crackdown on banks went too far. And shop for thrifty to expensive watches with Bloomberg Pursuits.
Powell: Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
Federal Reserve Chair Jerome Powell spoke in Dallas about the outlook of the U.S. economy and the future of interest rate cuts.
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.
Australia's central bank holds the line on rates even as others ease
Australia's central bank held interest rates steady on Tuesday, as expected, and cautioned policy would need to stay ...
Foreign banks diverge on RBI’s rate path as inflation hits 14-month high
Foreign banks speculate on RBI's rate stance for December MPC meeting amid rising inflation and slowing economic growth.