Fed's Powell Says Rates Will 'Over Time' Reach Neutral Level, Not Preset
In the wake of Powell's formal remarks, stocks eased slightly and yields on Treasuries rose. Rate futures traders leaned into bets the Fed will deliver a quarter-percentage-point rate cut rather than a second straight half-percentage-point cut in November.
Powell is speaking at the 66th annual gathering of the National Association for Business Economics, in Nashville this year.
A mistake by the U.S. central bank in setting interest rates during the last phase of its inflation battle is the main risk ...
Federal Reserve Chair Jerome Powell is scheduled to speak on Monday amid growing concerns among economists about potential ...
Rising bets of further jumbo Fed rate cuts and the ongoing geopolitical tensions in the Middle East might weigh on the pair.
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark ...
The appetite of Federal Reserve policymakers for another large interest-rate cut in November may come into better focus in ...
Economists at a top think tank found Trump's threat to undermine the Fed would lower GDP, raise inflation, and cause capital ...
Canada's main stock index fell on Monday, hurt by mining stocks, as investors awaited the Federal Reserve Chair Jerome Powell ...
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