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Fed Sees No 'Hurry' to Cut Rates as Confidence in Economy Grows, Powell Says

GDI is an alternate measure of economic growth, similar to gross domestic product, but with income rather than output as the yardstick. A gap between the two led Fed officials to worry that output might be weaker than thought, but the two converged when the estimate of GDI was increased.

Newsweek · 1d

Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts

Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected.

The Associated Press on MSN · 1d

Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming

Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy.

Jerome Powell says the 'real issue' behind the US housing crisis is 'not something the Fed can really fix' — here's why and what Americans can do

While rate cuts by the Fed typically lower borrowing costs, experts say increased affordability in mortgages could lead to a ...

Fed's Powell poised to speak as economists fret about a policy mistake

A mistake by the U.S. central bank in setting interest rates during the last phase of its inflation battle is the main risk ...

MT Newswires on MSN1d

US Equities Markets End Higher Monday After Fed Chair Powell Remarks on Future of Monetary Policy

US benchmark equity indexes ended higher Monday as markets assessed the latest remarks by Federal Reserve Chair Jerome Powell. * Powell said monetary policy is "not on any preset course" and that it ...

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