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.
The “growth scares” that helped spark steep but short-lived losses for stocks in early August and again in early September ...
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China’s Economy Picks Up, but Still Needs More HelpFriday’s data shows that Beijing’s recent cascade of monetary and fiscal easing measures have yet to fully reinvigorate an ...
Americans sent a pretty clear message that they wanted those in office to focus on making life more affordable,” Governor ...
U.S. retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and ...
"The U.S economy is the envy of the world," said Rutgers Business School finance professor Parul Jain. "Why didn’t that ...
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 conclusion markets seem to be drawing is that things will work out just fine. Although they are alive to risks of ...
Cuba is unlikely to see any growth in 2024, Economy Minister Joaquin Alonso said on Thursday, as its already sputtering state ...
The European Union must abandon its policy of sanctioning Russia for its war in Ukraine or risk causing an economic collapse, ...
A panel of economists hosted by the Greater Oklahoma City Chamber on Thursday praised the city's economy while warning about ...
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