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Fed's Powell Says No Need to Hurry Rate Cuts
Strong Economy Leaves Fed in No Hurry to Cut Interest Rates, Says Chair Powell
But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of runaway inflation. Inflation peaked at 9.1% in June 2022 before slowly making its way back down closer to the Fed's target range of 2%.
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.
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.
Trump & Biden Call For ‘Smooth Transition’
Donald Trump visited the White House to meet with President Joe Biden. By HuffPost Video. Microbio. Videos For You. Advertisement
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.
Japan's economy slows in Q3 on tepid capex
Japan's Economy Grows for a Second Straight Quarter on the Back of Consumer Spending
Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held up
Japan's economy slows in Q3 on tepid capex; consumption picks up
Japan's economy expanded by an annualised 0.9% over the July-September quarter, government data showed on Friday, slowing from the previous three months due to tepid capital spending though an unexpected pickup in consumption added a bright spot.
Japan’s Economy Continues to Grow But at Slower Pace
The Japanese economy managed to continue growing for a second straight quarter thanks to a recovery in consumption.
1h
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 ...
6h
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 ...
10h
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 ...
1h
on MSN
Shadow chancellor warns Reeves over EU ties after Bank chief says Brexit harming economy – UK politics live
Mel Stride said there must be no suggestion of the UK going back into the EU single market or customs union. 16:03 ...
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 ...
17h
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 ...
4h
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, ...
1d
It was the stupid economy
"I rarely see commentators address many of the things Democrats have done to try to improve the lives of the working class," ...
3h
on MSN
India's Economy Climbs World Power Ranking at Japan's Expense
Economic malaise was the biggest factor in the devastating loss handed to Japan's ruling coalition last month.
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