Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
Powell Says Strong US Economy Means No Rush to Cut Rates
Good morning. Jerome Powell isn’t in a hurry to lower US interest rates. Rachel Reeves says that the UK’s crackdown on banks went too far. And shop for thrifty to expensive watches with Bloomberg Pursuits.
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 they might not be that much lower over the next few months.
Morning Bid: Powell says no rush needed on more rate cuts
A look at the day ahead in Asian markets. A warm reading on U.S. producer price inflation in October and hawkish comments by Federal Reserve chair Jerome Powell weighed on Wall Street and shouldn't distract Asian investors much from focusing on the incoming Trump administration.
Powell: Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
Federal Reserve Chair Jerome Powell spoke in Dallas about the outlook of the U.S. economy and the future of interest rate cuts.
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.
Wall St indexes end lower after Powell erodes hopes for December rate cut
Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the U.S. central bank need not rush to ease monetary policy.
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low ...
Investors are underestimating how deep rate cuts will be in 2025, Goldman says
Goldman thinks the Fed will cut rates more aggressively than expected through the end of 2025.
The Financial Times2d
Inflation and interest rates tracker: see how your country compares
have already started cutting rates, but many more are forecast to follow this year, including the US Federal Reserve, the European Central Bank and the Bank of England. The FT global ...
US Consumers See Lower Inflation and Debt Delinquency Risk, NY Fed Survey Shows
Households on average saw inflation over the next year at 2.9%, down from 3.0% in September and the lowest estimate for ...
Forbes7d
Interest Rates & Inflation: Bank Rate Down To 4.75% But Pace Of Further Falls In Question
18 September: US Leads Way With Chunky Base Rate Cut The headline rate of inflation rose by 2.2% in the 12 months to August, unchanged from July, according to figures out today from the Office ...
Why has the Bank of England cut the interest rate and what does it mean for mortgages and inflation?
Why has the Bank of England cut the interest rate and what does it mean for mortgages and inflation? - A lowering of the base ...
South African Reserve Bank to cut rates 25bps to 7.75% on Nov. 21 - Reuters poll
The South African Reserve Bank will cut its repo rate next week as slowing inflation continues to make way for a series of ...
Bank Of England Cuts Interest Rate As Inflation Slows
The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions.
Interest rate cut - but budget means inflation will rise, Bank says
The Bank of England has attributed expected inflation rises to policies announced in Chancellor Rachel Reeves's October ...