Powell: Going a little slower 'seems like the smart thing to do'
Fed Chair Powell returned to the patient theme in the fireside chat portion of his appearance in Dallas. "Going a little slower, if the data let us go a little slower, that seems like the smart thing ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
Jerome Powell says Fed Isn't in Hurry to Cut Interest Rates
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Fed Chair Jerome Powell says no need to rush rate cuts, cites strong economy
But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
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Number of Americans filing for jobless claims falls to lowest level in 6 months
The number of Americans applying for unemployment benefits fell to the lowest level in six months last week as layoffs remain ...
Average Rate on 30-Year Mortgage Drops Slightly After 6 Weeks of Increases
Mortgage rates on a 30-year home loan have fluctuated throughout the year, reaching a peak of 7.22 percent in May. In late ...
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Compound Interest Helped Me Double My Savings In One Year
By setting up automated transfers into a high-yield savings account, I watched compound interest do its magic.
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 ...