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Fed’s Jerome Powell hints at more rate cuts

Powell says U.S. economy is in ‘solid shape’ — and the Fed intends to keep it that way

Federal Reserve Chair Jerome Powell said the 50-basis-point cut in the central bank’s policy rate earlier this month was a sign of confidence in the economy and the labor market.

Associated Press · 1d

Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming

Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy.

USA Today · 1d

Fed Chair Jerome Powell: 'Growing confidence' inflation cooling, more rate cuts possible

Powell said two more rate cuts are possible if the economy continues to perform as expected, though they are likely to not be as aggressive as the cut two weeks ago.

Jerome Powell, S&P 500

MarketWatch · 10h

Stock Market Today: Dow, S&P 500 score record closes after Powell remarks

The Dow Jones Industrial Average rose 17.15 points, or 0.04%, to end at 42,330.15, a record closing high. It is the index's 33rd record close of this year. The Dow rose 3211.29 points, or 8.21%, in the third quarter.

AOL · 12h

Stock market today: US indexes edge higher to records as Powell talks up strength of the economy

"Overall, the economy is in solid shape," Powell said in his prepared remarks on Monday. "We intend to use our tools to keep it there."

Reuters on MSN · 1d

S&P 500 ekes out record closing high; declines briefly after Powell

The S&P 500 sputtered to a record high close on Monday, rebounding from a brief setback after Federal Reserve Chair Jerome Powell said the U.S. central bank is in no hurry to implement further interest rate cuts.

16hon MSNOpinion

Editorial: Elect Democrat Bobby Powell Jr. for Palm Beach County Commission District 7

State Sen. Bobby Powell Jr. has the experience and connections to best serve Palm Beach County Commission District 7 ...

15h

Twisters 4K, Blu-ray, DVD, & Digital Release Dates Set for Glen Powell Movie

Universal Pictures Home Entertainment has announced the Twisters 4K, Blu-ray, DVD, and digital release dates for the sequel ...

17h

Columbus Zoo's 'Boo at the Zoo' returns on Oct. 11

POWELL, Ohio — The Columbus Zoo and Aquarium announced the details for its annual Boo at the Zoo Halloween events this year. The dates for this year's activities are Oct. 11-13, Oct. 18-20 and Oct. 25 ...

Columbus police searching for man that tried and failed to rob fast food restaurant

COLUMBUS, Ohio (WSYX) — A man tried and failed to rob a fast food restaurant on the north side of Columbus on Monday.

The Lantern4h

Women’s Basketball: Sisters Kennedy and Jaloni Cambridge unite in Columbus

Sisters by chance, teammates by choice. Kennedy and Jaloni Cambridge are joining forces again on the basketball court, but this time at Ohio State. Kennedy Cambridge said she feels lucky to receive an ...

NBC4 Columbus10h

Sunshine & drier weather set to return to Columbus area

Saturday will be mostly sunny, with highs back into the upper 70s. Sunday another front will push toward our area, this could bring a few late day showers, and some breeze to the area, with highs ...

WOSU Public Media11h

New laws in Columbus require permits for changes to public trees

New public tree laws say a forestry permit is required before changes like pruning, planting and removal are made to public ...

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