Powell warns not to count on a December rate cut just yet—the Fed is extremely divided, and a further cut is ‘not a foregone conclusion. Far from it’
The Fed will stop shrinking its $7 trillion balance sheet in December, but Powell stressed it’s a pause in quantitative ...
Fed reduces interest rate by a quarter point, Powell says December cut not guaranteed
Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are ...
Fed meeting as it happened: Powell says don't count on a December rate cut
Powell added that tariffs are fueling inflation and the downside risks to employment appear to have arisen in recent months.
HousingWireOpinion
Powell sends mortgage rates higher as he questions December cut
Mortgage rates rose by 14 basis points after the Fed cut rates, as Powell's hawkish tone pushed back on December rate cut ...
Fed Chair Powell Says December Interest Rate Cut Is ‘Far From’ Guaranteed
The Federal Reserve's policy committee won't necessarily cut interest rates in December, contrary to what financial markets had expected.
The Fed cut rates again, but officials disagree on what comes next. What it means for you
Before Wednesday, economists and markets were betting on a December rate cut. After Fed Chair Jerome Powell’s comments, they aren’t so sure.
Magnificent Seven’s reign rolls on as Powell puts chill on rate-cut hopes
Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta Platforms and Tesla now boast a combined market value north of $22 trillion.
Fed's Powell Raises Doubts About Another Rate Cut
As expected, the Federal Reserve on Wednesday cut its target rate cut by ¼ point to a 3.75% to 4.00% range. Read more here.
Powell says a continued scarcity of data in December could argue for caution on rate cuts
Federal Reserve Chair Jerome Powell said that if there is a lack of data when the central bank meets again in December, it ...
Fed Cuts Rates to Lowest Level Since 2022 but Casts Doubt on December Move
The Federal Reserve cut interest rates by a quarter point for the second time this year, but the probability of a reduction ...
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Fed Cuts Rates; Powell Says Future Cuts ‘Far From’ Certain
The Fed cut rates for the second time this year amid dissent among committee members and a government shutdown that has left key economic data unavailable.
Takeaways: Fed Chair Powell says don’t count on a December rate cut
President Donald Trump has spent much of the year urging the Federal Reserve to deliver aggressive rate cuts in order to boost the economy. But the government shutdown ironically threatens the very ...