powell

Federal Reserve: When will Fed cut rates? As US economy flexes its muscles, maybe later or not at all

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WASHINGTON – Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, car buyers, would-be homeowners – pretty much everyone – began obsessing over a single question: When will the Fed start cutting rates? But now, with the U.S. economy showing surprising vigor, a different … Read more

fed rate cut outlook: Powell reiterates Fed doesn’t need to be in a hurry to cut interest rates

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New Work: Federal Reserve Chair Jerome Powell repeated that the US central bank isn’t in any rush to cut interest rates. “We don’t need to be in a hurry to cut,” Powell said Friday at an event at the San Francisco Fed. Fresh inflation data released earlier is “pretty much in line with our expectations,” … Read more

US Fed meet outcome today: Can Powell soothe nerves of D-Street? Here’s what experts feel

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The US Federal Reserve’s two-day monetary policy meeting will conclude later today, and at the end of it, the central bank is widely expected to leave the federal funds rate unchanged. According to the CME FedWatch tool, 98% of the respondents see the federal funds target range unchanged at 5.25-5.50%. So, a status quo on … Read more