Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates

Key Points

Federal Reserve Chairman Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates.
“The economy is not sending any signals that we need to be in a hurry to lower rates,” Powell said in Dallas.

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Tricolor CEO received a .25 million bonus weeks before company’s bankruptcy, prosecutors say

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