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.
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
The interest rate on my high-yield savings account has dropped from 4.6% to 4.2%. I asked experts how to get more yield on my ...
The Fed has lowered its benchmark interest rate twice this year, with its most recent rate cut in November. While ...
Gold held near a two-month low amid persistent strength in the dollar, with traders winding back expectations for a Federal ...
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...
Lower mortgage rates may help make home buying more affordable, but other factors like rising prices and loan qualifications ...
Over the last couple of years, interest rates have fluctuated quite a bit. After plummeting to record lows in 2020, they made ...
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