News list for " drastically cut interest rates"

On September 6, Federal Reserve Governor Paul Waller said on Friday that the "time has come" to start a series of interest rate cuts this month, adding that he was open to the size and speed of rate cuts. "If the data supports consecutive rate cuts, then I think consecutive rate cuts are appropriate. If the data shows the need for larger rate cuts, then I will also support them." Federal Reserve Chairperson Jerome Powell said at the annual meeting of global central banks two weeks ago that the "...

2024-09-06 15:09:37