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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.
1h
on MSN
Global economy will continue to grow solidly in 2025 despite trade uncertainty: Goldman Sachs
The global economy will experience another year of solid growth in 2025, with the U.S. outperforming expectations while the ...
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
Undocumented immigrant tells CNN he supports Trump 'for the economy'
An undocumented immigrant told CNN in a segment on Thursday that he supported Donald Trump for the economy, but didn't agree ...
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 ...
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 ...
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 ...
2d
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 ...
2d
on MSN
Cheaper Holiday Goods Will Give the Economy a Boost Into 2025
Mastercard expects holiday sales, excluding vehicles, will rise by an overall 3.2% for 2024 with online sales gaining 7.1%.
14h
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 ...
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