“We do not need to be in a hurry, and are well positioned to wait for greater clarity.” If inflation stays sticky but the economy remains strong, the Fed chair said the central bank can ...

We do not need to be in a hurry, and are well positioned to wait for greater clarity.” Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.

Federal Reserve Chair Jerome Powell opened his press conference by saying the economy is strong, but consumer spending is moderating and uncertainty is “unusually elevated” as the new White House ...

"With our policy stance now significantly less restrictive than it had been and the economy remaining strong, we do not need to be in a hurry to adjust our policy stance," Powell said in his ...

Federal Reserve Chair Jerome Powell reiterated on Friday that the central bank is not in a hurry to cut interest rates as policy uncertainty continues to weigh on markets and cloud the outlook for ...