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Fed's Powell Says No Need to Hurry Rate Cuts
Strong Economy Leaves Fed in No Hurry to Cut Interest Rates, Says Chair Powell
"The economy is not sending any signals that we need to be in a hurry to lower rates," he said, calling the US economy's recent performance "by far the best of any major economy i
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
10-year Treasury yield near 4-month high as Powell signals Fed in no rush to push rates much lower
Treasury yields rose on Thursday as investors monitored a fresh batch of economic data and a flurry of speeches from Federal Reserve policymakers. The 10-year Treasury yield traded nearly 2 basis points higher at 4.469%, while the yield on the 2-year Treasury rose around 2 basis points to 4.301%.
16h
Powell Didn't Turn Hawkish
Rising interest rates reflect steady economic growth. See why Powell's approach signals resilience and a possible year-end ...
20h
on MSN
The fight over Jerome Powell puts Elon Musk at odds with Wall Street
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
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