Search Engine Optimization: Powell’s Comments on Fed’s Interest Rates

Axios: Powell’s Statement on Fed’s Interest Rates

According to Axios, Powell from the Fed has stated that they are not following a specific plan to reduce interest rates. This news has significant implications for the financial markets.

CNBC: Powell’s View on Future Rate Cuts

In a report by CNBC, Powell indicates the likelihood of future, smaller rate cuts. He emphasizes that the Fed is not committed to any predetermined path regarding interest rates.

Reuters: Asian Markets React to US Rates

Reuters reports that Asian stocks are fluctuating while the dollar remains stable. Traders are closely monitoring the situation with US interest rates.

The Wall Street Journal: Powell’s Perspective on Rate Cuts

As per The Wall Street Journal, Powell suggests that rate cuts can help maintain a soft economic landing. However, he sees no urgency to implement these changes immediately.

Bloomberg: Powell’s Stance on Lowering Rates

Bloomberg highlights Powell’s statement that the Fed is not in a rush to lower rates and will do so gradually over time. This approach aims to stabilize the economy in the long run.

Read More of this Story at news.google.com – 2024-10-01 09:00:00

Axios: Powell asserts Fed is not following predetermined path for interest rate cuts