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Fed's Powell Says No Need to Hurry Rate Cuts
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.
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 Strong US Economy Means No Rush to Cut Rates
Good morning. Jerome Powell isn’t in a hurry to lower US interest rates. Rachel Reeves says that the UK’s crackdown on banks went too far. And shop for thrifty to expensive watches with Bloomberg Pursuits.
Biden economy is about to get a new salesman
The Biden economy is about to get a new salesman: Donald Trump
Trump hammered the administration for creating an “economic catastrophe,” but some of his favorite gauges for assessing economic performance have been humming.
Don’t Give Trump Credit for the Success of the Biden Economy
Biden’s White House welcome to Trump versus Trump’s snub of Biden four years ago is matched by lack of reciprocity in the economy each gifted the other. Then-President-elect Biden inherited an economy from President Trump in shambles with the greatest economic collapse in the post-World War II era due to COVID-19.
Donald Trump's 'remarkable' meeting with Joe Biden in the White House
Sky News host Paul Murray discusses the “remarkable nature” of the meeting between Donald Trump and Joe Biden.
11h
on MSN
Good news for the economy is looking like bad news for stocks
The “growth scares” that helped spark steep but short-lived losses for stocks in early August and again in early September ...
The Wall Street Journal on MSN
13h
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 ...
16h
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 ...
USA Today
1d
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 ...
22h
on MSN
Malaysia's economy grows 5.3% y/y in Q3
Malaysia's economy grew 5.3% in the third quarter from a year earlier, slowing from an 18-month high in the previous quarter, ...
The Economist
1d
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
3d
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.
14h
on MSN
Hungary's Orbán says sanctions on Russia will 'destroy' EU economy
The European Union must abandon its policy of sanctioning Russia for its war in Ukraine or risk causing an economic collapse, ...
12h
on MSN
Retail sales climb again ahead of holiday shopping season. U.S. economy still has momentum.
Sales at retailers rose solidly in October and suggested the economy still has plenty of momentum heading into the holiday ...
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