powell inflation news

Fed's Powell Says No Need to Hurry Rate Cuts

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 officials want to see where it heads next.

The Irish Times · 16m

Jerome Powell says US Federal Reserve in no ‘hurry’ to lower interest rates

Jerome Powell backed a gradual approach to lowering interest rates, saying the US central bank does not need to be “in a hurry” during a strong economy and a “bumpy” path down for inflation.

KDFW · 9h

Fed Chair Jerome Powell says no need to 'hurry' rate cuts

While speaking in Dallas on Thursday, Powell said economic growth will allow the Fed to tread carefully before making any rate cuts.

More Inflation Data, Disney Earnings, Powell Speech

Reuters on MSN · 13h

Wall St indexes fall after latest inflation data; Powell speech awaited

Wall Street's main indexes lost ground on Thursday after monthly producer prices rose as expected, with investors awaiting Federal Reserve Chair Jerome Powell's comments expected during the last hour of trading for clues on the outlook for interest rates.

Wall Street Journal · 23h

More Inflation Data, Disney Earnings, Powell Speech: What to Watch Thursday and Friday

Retail sales, plus another inflation report, are this week's main remaining economic data releases. Plus, Federal Reserve Chair Jerome Powell is set to speak on the economic outlook, and there are a few earnings still on the slate.

Yahoo · 19h

Dow Jones Futures Rise After Inflation Data, Powell Speech Looms; Disney Surges On Earnings

The Dow Jones rose Thursday morning after key inflation data and ahead of Fed Chair Powell's speech. Disney soared on earnings.

12hon MSN

Federal Reserve is confident that recalibrating policy will lead to 2% inflation: Powell

Federal Reserve Chair Jerome Powell appeared to be saying that the central bank is confident that it can steer the U.S.

18h

Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks

Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...

U.S. Stocks Headed for Losses as Powell Punctures Trump Rally

The Trump trade looks to have temporarily run out of steam. U.S. stock futures were pointing to losses early on Friday, continuing a drop started the previous day by producer-price inflation data and ...

Inflation accelerated in October, offering first look at prices since election

Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...

12h

S&P 500 Analysis: Jobless Claims Down but Inflation Holds, Powell’s Remarks Awaited

Wall Street dips as traders await Powell’s speech, with PPI data steady but inflation concerns lingering. Rate cut ...

CNBC Daily Open: Powell's comments gave investors a reality check

Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...

9hon MSN

Jerome Powell Really Doesn't Want to Talk Fiscal Policy

Federal Reserve Chair Jerome Powell spoke Thursday for the first time since the central bank's last policy meeting and the ...

Newsweek on MSN10h

Jerome Powell Says U.S. Is On It's Way To 2% Inflation Goal

During a speech in Dallas, Federal Reserve Chair Jerome Powell said that inflation is getting closer to the Fed's 2 percent ...

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