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.
A mistake by the U.S. central bank in setting interest rates during the last phase of its inflation battle is the main risk ...
Fed Chair Jerome Powell this week acknowledged that "tension" and said employment data in the months ahead, rather than other ...
US-Notenbankchef Jerome Powell sieht die amerikanische Wirtschaft noch immer auf einem soliden Fundament und hat erklärt, die ...
A surge in U.S. job growth has financial markets betting the Federal Reserve will follow last month's half-point interest ...
While rate cuts by the Fed typically lower borrowing costs, experts say increased affordability in mortgages could lead to a ...
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