Powell says more interest rate cuts are ahead
Powell’s Outsized Influence Signals Smaller Fed Cut, Nomura Says
The Federal Reserve is likely to downsize its rate cuts to 25 basis points at both the November and December policy meetings, according to Aichi Amemiya at Nomura Securities International.
Powell says more interest rate cuts are ahead, but Fed is not in a hurry
Why it matters: For now it looks likely that the U.S. economy could avoid a recession as inflation plunges and the labor market remains healthy. Powell signaled that lower rates could help guarantee a so-called "soft landing," but cautioned that some risks remain.
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected.
Powell Says Fed Not in a Hurry, Will Lower Rates ‘Over Time’
Federal Reserve Chair Jerome Powell said the central bank will lower interest rates “over time,” while again emphasizing that the overall US economy remains on solid footing.
Fed Chair Jerome Powell: 'Growing confidence' inflation cooling, more rate cuts possible
Powell said two more rate cuts are possible if the economy continues to perform as expected, though they are likely to not be as aggressive as the cut two weeks ago.
Fed’s Powell Says Rate Cuts Can Sustain Soft Landing, but Sees No Need to Rush
Federal Reserve Chair Jerome Powell said the economy was in solid shape. “We intend to use our tools to keep it there,” he added.
Fed Sees No 'Hurry' to Cut Rates as Confidence in Economy Grows, Powell Says
GDI is an alternate measure of economic growth, similar to gross domestic product, but with income rather than output as the yardstick. A gap between the two led Fed officials to worry that output might be weaker than thought, but the two converged when the estimate of GDI was increased.
Powell: Don't Expect the Fed to Hurry on Rate Reductions
CME Group's FedWatch and its monitoring of the 30-day fed funds futures price market suggests a 50% chance after the Federal Open Market Group's December meeting, the federal funds rate down to 400 to 425 basis points. Such a drop would mean a total of 150 basis points cut from where things stood before September.
Fed Chair Powell Says Rate Cuts Aren't on 'Preset Course'
Federal Reserve Chair Jerome Powell said the central bank was focused on bringing rates down to a level that neither spurs nor slows economic activity, though he didn’t say that necessarily needed to occur hastily.
Fed Rate Cuts Are Less Urgent After Powell Made Breathing Space. Here’s Why and 5 Other Things to Know Today.
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Fed Chair Powell says the US economy is in 'solid shape' with gradual rate cuts coming
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Fed’s Jerome Powell hints at more rate cuts as inflation slows but warns of ‘two-sided’ risks
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US jobs report could firm or upend Fed "base case" of quarter-point cuts
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Fed hat es laut Powell nicht eilig, wird allmählich lockern
US-Notenbankchef Jerome Powell sieht die amerikanische Wirtschaft noch immer auf einem soliden Fundament und hat erklärt, die ...