Interest Rates – Page 71

Fed Chair Powell Wants Inflation to Cool More

Jerome H. Powell, the Federal Reserve chair, said officials can take their time cutting rates. He also underscored the Fed’s independence as election season heats up.

By Jeanna Smialek

Banking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Presidential Election of 2024 United States Economy United States Politics and Government

Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates

Jerome Powell said that strong economic growth gives Federal Reserve officials room to be patient, and he emphasized the institution’s political independence.

By Jeanna Smialek

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A Key Inflation Gauge Hovers Above Fed’s Target

The Fed’s preferred inflation gauge was relatively stable on an annual basis, the latest reminder that bringing inflation down is a bumpy process.

By Jeanna Smialek

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S&P 500 Surges to Start the Year

The S&P 500, rising 10 percent, set the pace as investors looked forward to interest rate cuts.

By Joe Rennison

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