Similar Stories to Fed's Powell Affirms Rate Cut View; Others See U.s. Economy Humming on Bing News

As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues from regional Fed districts painted a rosier picture of continued U.S. economic growth and a solid business outlook.

BING NEWS:
  • Fed Chairman Powell finds lowering rates too easy to swallow
    Fed Chairman Powell made some of the right moves, but failed the delayed gratification test and signaled that he would lower rates. Why? He bowed to political pressure, of course.
    05/9/2024 - 1:00 am | View Link
  • Powell keeps Fed’s door open to a July rate cut
    Federal Reserve Chair Jerome Powell on Wednesday discussed for the first time possible “paths” for interest rates this year. The upshot is that while any move at the next meeting is off the table, ...
    05/1/2024 - 11:27 am | View Link
  • US Economy News Today: Powell Dismisses the Need for Additional Rate Hikes
    Today, the Federal Reserve concluded its two-day Open Markets Committee meeting by leaving interest rates untouched, as expected, and saying it will likely stay that way for longer than previously ...
    05/1/2024 - 9:18 am | View Link
  • A ‘Meaningful’ Increase in Unemployment Would Be Needed for a Rate Cut, Powell Says
    How much of a weakening? Powell suggested the unemployment rate, which is currently sitting at 3.8%, would have to rise by more than 0.2 percentage point to shift the central bank’s focus away from ...
    05/1/2024 - 8:35 am | View Link
  • GDP report shows why it’s a fool’s game to bet on the Fed’s interest-rate moves
    For more than a year now, investors have been playing a largely pointless game of predicting when the U.S. Federal Reserve would start cutting interest rates. The reason it’s pointless is not ...
    04/25/2024 - 6:10 pm | View Link
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