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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
"The economy is not sending any signals that we need to be in a hurry to lower rates," he said, calling the US economy's recent performance "by far the best of any major economy i
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.
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.
2h
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 ...
7h
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 ...
The Wall Street Journal on MSN
11h
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
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 ...
18h
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 ...
22h
on MSN
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
The Economist
1d
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 ...
5h
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, ...
4h
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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