Fed's Powell Says Rates Will 'Over Time' Reach Neutral Level, Not Preset
In the wake of Powell's formal remarks, stocks eased slightly and yields on Treasuries rose. Rate futures traders leaned into bets the Fed will deliver a quarter-percentage-point rate cut rather than a second straight half-percentage-point cut in November.
Federal Reserve Chair Jerome Powell said the central bank will lower interest rates “over time,” while again emphasizing that ...
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark ...
A slight acceleration in the US core PCE inflation suggests that the Fed’s battle against inflation is not over yet.
Powell is speaking at the 66th annual gathering of the National Association for Business Economics, in Nashville this year.
A mistake by the U.S. central bank in setting interest rates during the last phase of its inflation battle is the main risk ...
Federal Reserve Chair Jerome Powell is scheduled to speak on Monday amid growing concerns among economists about potential ...
Rising bets of further jumbo Fed rate cuts and the ongoing geopolitical tensions in the Middle East might weigh on the pair.
Canada's main stock index fell on Monday, hurt by mining stocks, as investors awaited the Federal Reserve Chair Jerome Powell ...
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