Powell says the Fed is not on a "preset course" to lower interest rates
Why it matters: For now it looks likely that the U.S. economy could avoid a recession as inflation plunges and the labor market remains healthy. Powell signaled that lower rates could help guarantee a so-called "soft landing," but cautioned that some risks remain.
Fed's Powell set to speak
Federal Reserve Chair Jerome Powell said the central bank would continue to reduce interest rates from a two-decade high to ...
Canada's main stock index fell on Monday, hurt by mining stocks, as investors awaited the Federal Reserve Chair Jerome Powell ...
Rising bets of further jumbo Fed rate cuts and the ongoing geopolitical tensions in the Middle East might weigh on the pair.
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 ...
Traders added slightly to bets the Federal Reserve will deliver a second 50-basis-point interest rate cut in November after a ...
Recent actions by the Federal Open Market Committee (FOMC), particularly the decision to cut interest rates by 50 basis ...
An inflation measure closely tracked by Federal Reserve policymakers fell in August to 2.2% as inflation continued to trend ...
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