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Powell says no rush needed on more 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.
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.
economy, Third Quarter
UK economy grows by 0.1% between July and September - slower than expected
The UK economy grew by 0.1% between July and September, according to the Office for National Statistics (ONS). However, despite the small positive GDP growth recorded in the third quarter, the economy shrank by 0.1% in September, dragging down overall growth for the quarter.
UK Economic Growth Slows Down Sharply in the Third Quarter
U.K. economic growth slowed down sharply in the third quarter of the year, official figures showed Friday. The Office for National Statistics said growth during the July to September period was just 0.
U.K. Economy Slowed More than Expected in Third Quarter -- Update
According to the first estimate, gross domestic product in the U.K. rose 0.1% on quarter in the period, down from 0.5% in the second quarter of this year, the U.K.'s Office for National Statistics said Friday.
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.
President Biden greets President-elect Donald Trump
President Joe Biden met with President-elect Donald Trump at the White House on November 13, 2024. Teenager makes first-of-its-kind invention on quest for unlimited energy: 'A significant impact on the energy industry' 20 spectacular countries where the US dollar is worth the most Princess Anne's $650,
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.
2h
on MSN
U.S. economy 'will get stronger' after Trump's election win, CIO says
Tarek Shahin, chief investment officer at CI Capital Asset Management, discusses U.S. market expectations after Donald ...
3h
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 ...
USA Today
22h
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 ...
6h
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, ...
2d
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 ...
Foreign Policy
18h
Russia’s War Economy Is Hitting Its Limits
Alexander Mertens is a professor of finance at the National University of Kyiv-Mohyla Academy, a professor at the ...
14h
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 ...
18h
ECB cut rates to avoid damage to economy, meeting minutes show
The European Central Bank cut interest rates last month to avert unnecessary damage to the economy, with policymakers taking ...
6h
on MSN
Chinese Economy Still Struggling to Regain Momentum
Friday’s data shows that Beijing’s recent cascade of monetary and fiscal easing measures have yet to fully reinvigorate an ...
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