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Powell says no rush needed on more rate cuts
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.
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.
Japan, Economy
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 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.
Japan growth slows as new PM readies stimulus
Japan's growth slowed in the third quarter, official data showed Friday, as Prime Minister Shigeru Ishiba seeks to jumpstart the world's fourth-largest economy.
33m
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 ...
USA Today
20h
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 ...
4h
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 ...
4h
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, ...
Opinion
2d
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.
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 ...
12h
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 ...
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," ...
17h
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 ...
2h
Economy near stagnation in blow for Starmer
Britain’s economy neared stagnation in the third quarter of the year, official figures show, in a blow to Sir Keir Starmer’s ...
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