Fed does not need to 'be in a hurry' to lower rates

Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates. "The economy is not sending any signals that we need to be in a hurry to lower rates,
Opinion
There’s only one way Trump can fix Powell’s opposition at the Fed
The looming battle between Trump and Fed Chairman Powell is clearer than many would argue. The president-elect has lots of legal precedent on his side and he should fix the situation.
Powell: Fed is in no hurry to lower interest rates
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
Fed’s Jerome Powell says he would not step down if Trump asked for his resignation: ‘Not permitted’
Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald Trump asked for his resignation. When asked by reporters if he would resign per Trump’s request, Powell simply said: “No.”
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 they might not be that much lower over the next few months.
Powell says Fed doesn’t need to hurry to cut interest rates
Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path back to the central bank’s 2% target, and that he expects inflation to continue to come down on a “sometimes bumpy” path.
Trump, the Fed, and an almost inevitable showdown over interest rates
The president-elect will push for aggressive rate cuts. Federal Reserve chair Jerome Powell will move judiciously. We've seen this movie before.
Fed will likely cut rates cautiously given persistent inflation pressures, chairman says
The head of the Federal Reserve said Nov. 14 that the central bank will likely cut its key interest rate slowly and ...
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Traders trim bets for December rate cut on Fed chief Powell’s caution
Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...
New York Sun2d
The Revolt at the Fed
The central bank’s governors vow to re-elect Jerome Powell chairman even if the president fires him.
Washington Examiner7d
Fed chairman Powell says he wouldn’t resign if asked by Trump
Federal Reserve Chairman Jerome Powell said he would not step down from ... another reporter asked whether he thinks the ...
Fed Cuts Interest Rates Again—But Uncertainty Swirls As Trump Policies Could Fuel Inflation
The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting ...
New York Sun7d
Federal Reserve Chairman Jerome Powell Says He Won’t Cut Term Short — Even If Trump Asks Him To Resign
The question of whether Mr. Powell might be on the chopping block should Trump serve a second term has been the subject of ...
US stocks drop as expectations of a Fed rate cut cool
WASHINGTON - US stocks fell on Nov 14, as traders digested an uptick in inflation and comments from Fed chairman Jerome ...
justthenews6d
Fed Chairman Powell says won't step down if Trump asks him to leave
“No,” he said Thursday when asked about the matter during a news conference. Powell also said presidents removing members ...
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US inflation ticks up to 2.6% – What’s the Federal Reserve to do now?
Inflation in the United States just hit 2.6% in October, giving the Federal Reserve plenty to chew on before its next – and ...