powell rate cuts news

Powell Points to Two More Normal-Size Rate Cuts This Year

Jerome H. Powell, chair of the Federal Reserve, said that central bankers will lower rates as much as needed, but have forecast two more quarter-point rate cuts this year.

Newsweek · 16h

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.

Wall Street Journal · 13h

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.

6hon MSN

Wall St to open subdued ahead of labor data; Powell signals modest rate cuts

Wall Street's main indexes were set for a flat to lower open on Tuesday ahead of the first of multiple job reports this week, ...

Futures Dip Ahead of Labor Data; Powell Signals Modest Rate Cuts

Wall Street's three main indexes closed September higher, bucking a historical trend where equities' performance have been ...

4hon MSN

Asia-Pacific markets mixed after Powell signals smaller rate cuts; China markets closed for holiday

South Korea, Hong Kong, and mainland Chinese markets are closed for a public holiday Tuesday. Business optimism among large ...

3hon MSN

South African rand slips as Powell signals modest rate cuts

The South African rand weakened against a stronger dollar on Tuesday, after Federal Reserve Chair Jerome Powell poured cold ...

Stock Market Today: Dow falls over 150 points after Powell remarks on economy

Fed Chair Powell said the October job report, released during the Fed's "blackout" or silent period ahead of its policy meeting, could play a major role in the outcome of the Fed's policy decision.

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