Stocks Slip As Powell Says Future Interest Rate Cuts Hinge On Data: 'Economy Is In Solid Shape, We Intend To Use Our Tools To Keep It There'
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Express News | Fed Chair Powell Concludes Remarks
Express News | Fed Chair Powell Says Fed Did The Right Thing By Holding Rates High As Long As It Did, Wanted To Be Confident Inflation Would Fall; The Half-Point Cut In September Was A Reflection Of Confidence In Inflation's Return To 2%
Fed Chair Powell Says Fed Will Absolutely Take Into Account Important Data That Arrives During The Blackout Period; Have To Take Account Of Policy Lags In Rate Decisions; Fed Is Changing Policy To Maintain Strength In The Economy, Not Because Of Weakness
