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Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The central bank has lowered interest rates by 0.75-point since September.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s
Powell says Fed doesn’t need to hurry to cut interest rates
Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path back to the central bank’s 2% target, and that he expects inflation to continue to come down on a “sometimes bumpy” path.
Powell to Speak on Interest Rates and the Economy. Look for Clues About the Fed’s Next Rate Decision.
Federal Reserve Chair Jerome Powell will headline a busy week of central-bank officials’ public remarks on Thursday. Investors and economists will be listening closely for clues about the Fed’s interest rate decision for December and the outlook for policy in 2025.
USA Today
7h
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 ...
1h
on MSN
Monopolies are taking over Calif.'s pot economy. Only lawmakers can stop them.
California’s cannabis industry has grown into a multibillion-dollar sector, creating jobs, generating tax revenue and ...
The Economist
9h
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 ...
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 ...
4h
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 ...
Opinion
10h
Opinion
Opinion: Trump inherits an economy at a tricky time
While things look pretty good right now, Trump’s team will need to move fast to reverse negative momentum in the labor market ...
2d
There’s more evidence that Americans might finally be feeling better about the economy
Consumers are more optimistic about inflation, the job market and their own finances, according to the New York Fed.
20h
on MSN
Economy Minister Says Mexico Can Mediate in US-China Dispute
Mexico’s top economy official said that his nation can be a key intermediary as the US seeks to decouple from China.
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," ...
4h
on MSN
Four TV series 'generated £43.5m for NI economy'
Hope Street's four series have generated £17.5m for the Northern Ireland economy and the two series of Mastermind £6m. The ...
2d
Ukraine targets value-added production to reshape wartime economy
Ukraine's wartime government will boost domestic value-added production to reshape its commodities-driven economy, increase ...
MarketWatch
1h
Trump is inheriting an economy near a soft landing, according to Vanguard
The U.S.
economy
appears to be close to a soft landing, but inflation is still not defeated, Vanguard said. (Bloomberg, ...
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