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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.
Japan's economy slows in Q3 on tepid capex
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.
Japan Economic Growth Slows To 0.2% In Third Quarter
Japan's growth slowed to 0.2 percent in the third quarter, meeting market expectations, according to preliminary data released Friday, after a typhoon and government "megaquake" warning weighed on economic activity.
47m
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 ...
16h
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 ...
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