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Powell says interest-rate cut ‘on the table’ in September if ... - MSNPowell said the Fed just wants “a little more confidence” inflation is trending steadily lower before pulling the trigger. The Fed benchmark short-term interest rate now stands at 5.25% to 5.5%.
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Powell Says Fed Isn’t in a ‘Hurry’ to Cut Rates. The Inflation ...Powell said that while the current level of the U.S. debt—around 120% today—isn’t a cause for concern, the federal deficit isn’t sustainable. That’s on track to exceed 6% of GDP this year.
Director of the National Economic Council Kevin Hassett told "Special Report" host Bret Baier he has "high confidence" President Donald Trump will be able to overcome the "bumpy ride" and sign the ...
The central bank expects to see continued, but bumpy, progress on bringing inflation back to its 2% target, he said. Near-term measures of inflation expectations have moved higher, with tariffs as ...
Powell stressed the importance of the Fed’s credibility, pointing to consumers’ inflation expectations as a measure of that. He said that Americans expecting inflation to moderate further is ...
Powell says Fed staying on hold amid higher inflation outlook The Federal Reserve chair stressed continuing uncertainty, citing "many paths possible" from the impact of Trump's tariffs. JUN 24, 2025 ...
Powell said Tuesday he expects to see the tariffs have meaningful effects on inflation over the summer months. “There aren’t historical experiences we can consult here, really.
Jerome Powell said Thursday (Friday AEDT) that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of ...
Jerome Powell, the Federal Reserve chair, is set to testify before Congress on Tuesday and Wednesday, and the Fed’s preferred inflation gauge is due later in the week. Nike and FedEx are among ...
The Fed Powell leaves door ajar to July rate cut, but an expected rise inflation is likely to keep the Fed sidelined Two top officials, both appointed by Trump, are the first to suggest an ...
Why Powell's inflation comments sparked stock market sell-off 02:51. Federal Reserve Chair Jerome Powell on Wednesday cautioned that the central bank could face a "challenging scenario" of ...
The stock market slipped again on Thursday after Wall Street dialed back rate-cut expectations in the wake of the latest inflation data and comments from Fed Chair Jerome Powell. The Dow Jones ...
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