As Dow Jones industrial average plunges over coronavirus fears, Fed Chair Powell signaled central bank is ready to cut interest rates       

Topics:  dow jones   fed chair powell   rate   cut   coronavirus   
BING NEWS:
  • Fed’s Bostic Reiterates Rate Cut Is Not Likely Until End of Year
    but he noted that path is likely to be slower than people expect. The Atlanta Fed chief has previously said he anticipates just one rate reduction this year.
    04/18/2024 - 5:33 am | View Link
  • No landing and no Fed rate cuts: the markets' new bet on 2024
    In his last public appearance before the Fed's next policy meeting later this month ... with the policy rate held steady at its current level, and that the labor market will remain strong ...
    04/17/2024 - 12:17 pm | View Link
  • Morning Bid: Blunt Powell signals rate cut plans on ice
    Fed futures are taking the message on board, with as little as 40 basis points of easing now priced for the whole year - less than two quarter-point cuts. Uncertainty about any rate cut before ...
    04/16/2024 - 10:10 pm | View Link
  • Fed chief calls rate cuts soon unlikely
    But his comments Tuesday went further in dimming the likelihood of any rate ... month, Jefferson had said that should inflation keep slowing, "it will likely be appropriate" for the Fed to cut ...
    04/16/2024 - 3:04 pm | View Link
  • Retail sales a 'body blow' to Fed rate cut hopes: Economist
    The March retail sales report surprised to the upside, coming in at 0.7% from the month ... the Fed's rate cut timing as a "balancing act." For more expert insight and the latest market action ...
    04/14/2024 - 8:34 pm | View Link
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