Powell says premature to speculate on when interest rates will be cut
Lower inflation readings "are welcome," Jerome Powell says, but "that progress must continue" to reach the Fed's 2% objective.
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Powell won’t endorse market expectations for quick rate cuts
Powell is likely to “lean against against the notion that there are cuts imminent."
Fed’s Williams says interest rates are ‘at, or near’ peak
The Federal Reserve's benchmark interest rate may have already hit its peak level, as it is now putting more downward pressure on the economy than anytime in the last 25 years, New York Fed President John Williams on Thurs...
Fed’s Beige Book finds economy has slowed — and so has inflation
The U.S. economy slowed in November and inflation also tapered off, a Federal Reserve survey showed, suggesting the central bank could be finished raising interest rates if those trends continue.
Fed’s Mester says interest-rate policy is in a ‘good place’
Interest-rate policy is in a "good place" at present and can move in either direction based on how the economy evolves, said Cleveland Fed President Loretta Mester on Wednesday.
