Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.

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Fed Chair Jerome Powell Shows Little Urgency to Lower Rates

Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.
The New York Times - 21m
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to push interest rates lower.
NBC News - 28m
Fed Chair Jerome Powell testifying before Congress

Federal Reserve chair Jerome Powell is testifying in front of lawmakers Tuesday where he's expected to face questions ranging from rate policies to the department's independence from President ...
CBS News - 2h
Warren, Waters question Fed chair on proposal 'upending' bank stress test framework

Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to “upend” bank stress testing framework, in a Monday letter in which they ...
The Hill - 2h
Watch Fed Chair Powell testify live before the Senate Banking Committee

Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.
CNBC - 4h
Church risks further crisis if it doesn't act, says ex-child abuse inquiry chair

The Church's national assembly is voting on options to radically change its safeguarding processes.
BBC News - 12h
Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in

Mortgage rates could fall, experts say, but it depends on several factors. Here's what to know.
CBS News - 1d
Job Market Gives Fed Cover to Extend Interest Rate Pause

The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
The New York Times - 4d
Minneapolis Fed's Kashkari expects lower interest rates later this year

In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.
CNBC - 4d

Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

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Related

Fed Chair Jerome Powell Shows Little Urgency to Lower Rates

Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Fed Chair Jerome Powell testifying before Congress

Warren, Waters question Fed chair on proposal 'upending' bank stress test framework

Watch Fed Chair Powell testify live before the Senate Banking Committee

Church risks further crisis if it doesn't act, says ex-child abuse inquiry chair

Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in

Job Market Gives Fed Cover to Extend Interest Rate Pause

Minneapolis Fed's Kashkari expects lower interest rates later this year

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Fed Chair Jerome Powell Shows Little Urgency to Lower Rates