Strong economy means no hurry to cut rates

Fed's Powell: Strong economy means no hurry to cut rates
The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," with low unemployment and inflation that remains above the Fed's 2% target,
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
Fed’s Powell hints at no interest rate cut in March
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
Powell says there's no rush to ease more given strong economy
The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," with low unemployment and inflation that remains above the Fed's 2% target,
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
The Fed chair is expected to deliver a simple message to lawmakers: Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.
Jerome Powell signals US Fed rate cuts on hold for now
Federal Reserve Chairman Jerome Powell on Tuesday signalled that the central bank's interest rate cuts are effectively on hold for the time being. “With our policy stance now significantly less restrictive than it had been and the economy remaining strong,

Trump and Economy—Ask Our Economics Reporter Your Questions

How Democrats Were Tricked Into Believing the Economy Was Strong
Before the presidential election, many Democrats were puzzled by the seeming disconnect between “economic reality” as ...
Fast food and the K-shaped economy
It’s a two-track economy, in short. That fits with the fact that, of the five restaurants in the chart above, Taco Bell is ...
USA Today12d
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
The economy slowed late last year but still turned in a solid performance as another burst of consumer spending was offset ...
Kyiv Independent on MSN7h
Trump signs 25% tariff on steel, aluminum imports; Ukraine's economy to feel the effect
First Deputy Prime Minister and Economic Development Minister Yulia Svyrydenko said that the decision to impose tariffs will ...
Many Argentines back Milei on economy. His war on diversity is more divisive.
Carlos Kambourian, an Argentine pediatrician who is gay, counted himself as a supporter of President Javier Milei's ...
Marketplace1d
The number of jobs added to the U.S. economy in late 2024 was revised upward by 100,000
The number of jobs added to the economy late last year was revised upward by 100,000, but it might not be as good news as you ...
Scholz clashes with Merz over German economy and migration at last parliament meeting before poll
German Chancellor Olaf Scholz accused his main challenger in the upcoming election of “constant about turns," while Friedrich ...
Economy adds 143,000 jobs in January, reflecting a slower but solid pace of growth this year
Annual revisions to jobs data and disruptions related to the catastrophic Los Angeles fires and severe winter storms are ...
Bank bosses expect US policy uncertainty to persist under Trump, but stay bullish on economy
U.S. bank executives said on Tuesday they expected policy uncertainty to linger as President Donald Trump's second ...