Gold Holds Near Two-Month Low as Powell Flags Rate-Cut Restraint
Gold held near a two-month low amid persistent strength in the dollar, with traders winding back expectations for a Federal ...
USD/CAD holds steady above 1.4050, US Retail Sales data in focus
The USD/CAD pair trades flat near 1.4060 amid the consolidation of the US Dollar (USD) during the early Asian session on ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
Powell says the Fed doesn't need to be ‘in a hurry' to reduce interest rates
The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully,” Powell said.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
JPMorgan Asset Management’s Ward Sees Fed on Hold in 2025
The Federal Reserve is likely to pause its interest-rate cuts after December to assess the economic impact of policies under ...