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Fed's Powell Says No Need to Hurry Rate Cuts
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday.
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central bankers room to lower interest rates at a careful pace.
11h
on MSN
3 reasons why Russia's economy can survive without crisis for up to 5 more years, think-tank economists say
Expectations that Russia's economy will struggle are misplaced, and multiple factors should keep the nation resilient, three ...
USA Today
2d
Heading into election, economy looked good — on paper. Here's why that didn't help Harris
"The U.S
economy
is the envy of the world," said Rutgers Business School finance professor Parul Jain. "Why didn’t that ...
1d
Voters said Trump won because of the economy. Will Mass. Democrats listen?
Americans sent a pretty clear message that they wanted those in office to focus on making life more affordable,” Governor ...
1d
on MSN
China’s Economy Picks Up, but Still Needs More Help
Friday’s data shows that Beijing’s recent cascade of monetary and fiscal easing measures have yet to fully reinvigorate an ...
10h
on MSN
Trump will inherit the strongest economy in 50 years. Project 2025 could destroy it. | Opinion
President-elect Donald Trump will inherit what I consider the strongest domestic
economy
in 50 years. Job growth, wage ...
4d
on MSN
Lifelong Dem, who voted Trump, clashes with CBS reporter on the state of the Biden economy
CBS’ Scott Pelley spoke to a long-time Pennsylvania Democratic voter on “60 Minutes" Sunday about why she decided to vote for ...
The Economist
2d
What’s about to hit the world economy?
The conclusion markets seem to be drawing is that things will work out just fine. Although they are alive to risks of ...
Opinion
4d
Opinion
‘People Are in for a Really Rude Shock’ on Trump’s Economy
The economist and Times Opinion columnist Paul Krugman details the president-elect’s “seriously inflationary” economic plans.
1d
Cuba sees growth unlikely in 2024 as hurricanes, earthquakes rattle economy
Cuba is unlikely to see any growth in 2024, Economy Minister Joaquin Alonso said on Thursday, as its already sputtering state ...
Yahoo
9h
Economic leaders: Immigration and the economy can’t be separated
Trump cruised to victory on Nov. 5 after a campaign that was based mostly around attacking immigration and criticizing the ...
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