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Fed's Powell Says No Need to Hurry Rate Cuts

Reuters on MSN · 16h

Fed's Powell declines to say if he would remain after chair term expires

Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board member after his term as chief expires in May 2026. Powell, asked at an event in Dallas whether he would consider being the first Fed chair in more than seven decades to remain on the Fed board after no longer serving as its leader,

Fed Chair Powell delivers blunt message on interest rate cuts

Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to appoint Pete Hegseth as secretary of Defense on Wednesday. “Pete served 20 years. He was awarded the Bronze Star twice in Iraq and Afghanistan. He’s somebody that I got to know when he was running Concerned…

The New York Times · 1d

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.

15hon MSN

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 ...

1d

Fed has time to see what Trump policies mean for the economy, Powell says

Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking ...

10hon MSN

Stock market today: Indexes tumble after Fed comments dent December rate-cut odds

The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...

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