Powell warns not to count on a December rate cut just yet—the Fed is extremely divided, and a further cut is ‘not a foregone conclusion. Far from it’
The Fed will stop shrinking its $7 trillion balance sheet in December, but Powell stressed it’s a pause in quantitative ...
Fed meeting as it happened: Powell says don't count on a December rate cut
Powell added that tariffs are fueling inflation and the downside risks to employment appear to have arisen in recent months.
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Powell sends mortgage rates higher as he questions December cut
Mortgage rates rose by 14 basis points after the Fed cut rates, as Powell's hawkish tone pushed back on December rate cut ...
Fed Chair Powell says hiring slowdown poses economic risks, hinting at more interest rate cuts
Jerome Powell said the labor market's outlook hasn't changed much since the central bank's September meeting, when it penciled in two more rate cuts this year.
Fed reduces interest rate by a quarter point, Powell says December cut not guaranteed
Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are ...
The Fed cut rates again, but officials disagree on what comes next. What it means for you
Before Wednesday, economists and markets were betting on a December rate cut. After Fed Chair Jerome Powell’s comments, they aren’t so sure.
Magnificent Seven’s reign rolls on as Powell puts chill on rate-cut hopes
Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta Platforms and Tesla now boast a combined market value north of $22 trillion.
Fed's Powell Raises Doubts About Another Rate Cut
As expected, the Federal Reserve on Wednesday cut its target rate cut by ¼ point to a 3.75% to 4.00% range. Read more here.
Fed Cuts Rates to Lowest Level Since 2022 but Casts Doubt on December Move
The Federal Reserve cut interest rates by a quarter point for the second time this year, but the probability of a reduction ...
Powell says a continued scarcity of data in December could argue for caution on rate cuts
Federal Reserve Chair Jerome Powell said that if there is a lack of data when the central bank meets again in December, it ...
Another rate cut in December is not a foregone conclusion, Powell says at press conference
The Federal Open Market Committee discussions at its meeting on Tuesday and Wednesday showed "strongly differing views about ...
Takeaways: Fed Chair Powell says don’t count on a December rate cut
President Donald Trump has spent much of the year urging the Federal Reserve to deliver aggressive rate cuts in order to boost the economy. But the government shutdown ironically threatens the very ...