Powell Says Fed Is in No Hurry to Lower Rates Further; Boston Fed President Says December Rate Cut Isn't a 'Done Deal'
Federal Reserve Chair Jerome Powell spoke in Dallas on Thursday about the outlook of the U.S. economy and the future of interest rate cuts. Treasury yields rose after Powell said that economic data ...
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Stock Index Futures Plunge as Fed Rate Cut Bets Wane, U.S. Retail Sales Data in Focus
In addition, Fed Governor Adriana Kugler said that policymakers must maintain their focus on both the Fed’s inflation and employment goals, highlighting a cooling labor market and slower progress ...