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Powell says no rush needed on more rate cuts
Fed Chair Jerome Powell says central bank in no rush to reach 'neutral rate'
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for interest rates and will respond to economic data as it comes in.
Fed Chair Jerome Powell says no need to 'hurry' rate cuts
While speaking in Dallas on Thursday, Powell said economic growth will allow the Fed to tread carefully before making any rate cuts.
Powell Says Fed Isn’t in a ‘Hurry’ to Cut Rates. The Inflation Fight Isn’t Over.
The Fed chair made the remarks, his first public words since the FOMC’s November meeting, at an event with the Dallas Regional Chamber.
13h
on MSN
‘Race,’ ‘equity’ removed from UNT course titles to comply with Texas DEI ban, faculty say
The University of North Texas changed class titles and descriptions with some citing the state’s DEI ban though officials ...
Dallas Innovates
11h
Dallas’ Health Wildcatters to Expand Existing Office at Pegasus Park
The expansion is aimed at advancing the health innovation incubator's mission of supporting transformative healthcare ...
15h
Stocks Slip and Bond Yields Spike as Powell Speaks
The stock market turned lower and bond yields spiked as Wall Street reacted to Federal Reserve Chair Jerome Powell’s latest thoughts on inflation. The Dow was down 221 points, or 0.5%, after reports ...
20h
Dow, S&P, Nasdaq search for direction as wholesale inflation comes in line
The major averages search for direction on Thursday, as the October wholesale inflation report came as expected, while the ...
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