Federal Reserve Chair Jay Powell said the central bank does not need to be "in a hurry" to lower interest rates due to the ... revealed prices increased by 3.1% in October, up from 2.8% the month ...

US stocks slid on Thursday as the post-election rally stalled further and investors assessed remarks from Federal Reserve Chair Jerome Powell, who said in a speech that the central bank does not need ...

But the pace of rate cuts "is not preset," Powell said at a Dallas Fed event, adding that "the economy is not sending any signals that we need to be in a hurry to lower rates. The strength we are ...

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