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Fed will likely cut rates cautiously
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.
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.
The Boston Globe
3d
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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