dallas regional chamber news

Fed doesn’t need to be ‘in a hurry’ to reduce interest rates

Powell Says Fed Isn’t in a ‘Hurry’ to Cut Rates. The Inflation Fight Isn’t Over.

The Fed chair made the remarks, his first public words since the FOMC’s November meeting, at an event with the Dallas Regional Chamber.

The Associated Press on MSN · 10h

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 months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next.

KDFW · 10h

Fed Chair Jerome Powell says no need to 'hurry' rate cuts

While speaking in Dallas on Thursday, Powell said economic growth will allow the Fed to tread carefully before making any rate cuts.

Dallas Innovates9h

Dallas’ Health Wildcatters to Expand Existing Office at Pegasus Park

The expansion is aimed at advancing the health innovation incubator's mission of supporting transformative healthcare ...

13h

Stocks Slip and Bond Yields Spike as Powell Speaks

The stock market turned lower and bond yields spiked as Wall Street reacted to Federal Reserve Chair Jerome Powell’s latest thoughts on inflation. The Dow was down 221 points, or 0.5%, after reports ...

19h

Dow, S&P, Nasdaq search for direction as wholesale inflation comes in line

The major averages search for direction on Thursday, as the October wholesale inflation report came as expected, while the ...

11hon MSN

Stocks end lower after Powell throws cold water on hopes for December interest-rate cut

The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.

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