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Home » Powell tells congress Fed still in no rush to lower rates

Powell tells congress Fed still in no rush to lower rates

Employers added 143,000 jobs in January

Bloomberg NewsbyBloomberg News
February 11, 2025
in Risk Management
Reading Time: 3 mins read
0
The Marriner S. Eccles Federal Reserve building stands in Washington, DC. Photographer: Erin Scott/Bloomberg

Photographer: Erin Scott/Bloomberg

Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that officials will be patient before lowering borrowing costs further. “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 […]

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