Fed Chairman Jerome Powell hinted the Fed will cut rates again as soon as next month. He cited the US trade war with China and global turbulence
Powell Hints The Fed Will Cut Interest Rates Again As Soon As Next Month
USA TODAY, USA Today: Movies
Fri, 08/23/2019 - 9:40am
BING NEWS:
- Economic Outlook Altered as Fed Rate Cut Delay Creates Market Imbalance
A delay in the Fed rate cut has spiraled uncertainty in the markets. According to Bloomberg, in response to a string of unexpectedly strong inflation readings, Federal Reserve Chair Jerome Powell ...
04/20/2024 - 11:44 am | View Link - Powell denies any guidance on rate cuts, hints at 'restriction' instead
Powell's comments further squashed any lingering expectations of the Fed cutting rates in the near term, with markets pricing in September as the new starting point of the easing cycle ...
04/16/2024 - 5:33 pm | View Link - Bank of England governor Bailey hints UK will cut interest rates before the US
Bank of England governor Andrew Bailey said he saw 'strong evidence' that the process of falling inflation was now 'working its way through'.
04/16/2024 - 10:00 am | View Link - Powell Hints Fed Won’t Lower Interest Rates Until Late This Year
Inflation rose to 3.5 percent in March, up from 3.2 percent in February, mostly due to rising fuel and food costs.
04/16/2024 - 9:56 am | View Link - Stocks wobble after Powell warns that rate cuts will likely come later than expected
Interest rates are currently nestled at ... shred of evidence that the economy remains solid, leaving the Fed in no rush to cut rates. The central bank typically reduces rates whenever the economy ...
04/16/2024 - 9:14 am | View Link - More
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