Futures dip ahead of labor data; Powell signals modest rate cuts
U.S. stock index futures were flat to slightly lower on Tuesday as investors awaited labor market data, a day after Federal Reserve Chair Jerome Powell pushed back against market expectations for outsized interest rate cuts.
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 Expects Two More Smaller Rate Cuts This Year, Still Sees a Soft Landing
The Fed chair is speaking at the annual meeting of the National Association for Business Economics in Nashville, Tenn.
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.
Fed chair says US economy is in 'solid shape,' gradual rate cuts coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy
Market Bets on Half-Point Fed Rate Cuts Recede
Investors have responded to Federal Reserve Chair Jerome Powell’s remarks yesterday that he’s in no rush to lower interest rates and quarter-point moves are preferred. Traders had built up hopes of more half-point reductions after a cut of that size was delivered in September.
Fed’s Powell Says Rate Cuts Can Sustain Soft Landing, but Sees No Need to Rush
Federal Reserve Chair Jerome Powell says the economy is in solid shape. “We intend to use our tools to keep it there,” he adds.
How Fed rate cuts may impact consumers
The Federal Reserve cut its key lending rate by 0.5% on Sept. 18. While it remains to be seen how many more rate cuts will occur, the consensus appears to be additional quarter-point cuts by the end of the year. These cuts are more likely to affect prices on Wall Street than on Main Street.
Powell Terms Economy ‘Strong Overall’ While Also Foreshadowing More Interest Rate Cuts
In a speech to a group of economists, the Federal Reserve chairman offered an even-handed assessment of the economy.
BOJ signals rate-hike pause after big Fed cut, market rout
Attention needs to be paid to the possibility that these factors will have a negative impact on the yen's exchange rates and corporate profits in Japan," one member was quoted as saying.Even a proponent of future rate increases called for patience in pulling the trigger,
Bonds rally, dollar firms as traders ponder rate cuts
Government bonds rallied on Tuesday as euro zone inflation data boosted the case for faster European Central Bank rate cuts ...
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Euro zone inflation falls below 2%, opens the way for faster interest rate cuts
Tuesday’s official figure coupled with an anemic growth outlook could pave the way for faster interest rate cuts from the ...
Eurozone inflation falls under 2% for first time since 2021
The eurozone's annual inflation rate fell to its lowest level in three-and-a-half years in September, official data showed ...
Bank of Mexico may consider larger rate cuts, says bank governor
The Bank of Mexico's governing board may consider larger cuts to its benchmark interest rate going forward as inflation in ...
Stock Market Today: Dow falls over 150 points after Powell's remarks as traders trim bets on aggressive rate cuts
An unusual pattern that emerged in the stock market last week suggests traders scooped up protection that would buffer their ...