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Fed's Powell Says No Need to Hurry Rate Cuts
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.
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
2d
on MSN
DEI efforts are critical to the U.S. economy because ‘there’s not enough white men,’ John Hope Bryant says
As backlash to corporate DEI efforts reaches a fever pitch, one advocate says its success is critical to the U.S. economy ...
9h
on MSN
The U.S. is short millions of housing units. Mass deportations would make it worse.
Immigrants make up a significant portion of the construction labor force and deporting them would have devastating ...
1d
on MSN
Healthy Returns: AstraZeneca expands U.S. investment plan on confidence in economy
AstraZeneca said it is doubling down on its investment in its U.S. business. Meanwhile, General Catalyst has agreed to ...
1d
on MSN
IMF’s Gita Gopinath understands why U.S. voters were unhappy with the economy: ‘It’s not surprising the way people feel’
Good morning! South Dakota Gov. Kristi Noem will be secretary of the Department of Homeland Security, 23andMe cuts 40% of its ...
Forbes
13d
U.S. Economy Added Only 12,000 Jobs—Why This Comes As No Surprise
Employment in the healthcare and government sectors, typically bright spots for the
economy
, continued to rise in October .
8h
Comment: The U.S. election is a setback for climate action, but the private sector gives me hope
Let’s not sugarcoat things. The outcome of the 2024 U.S. presidential election represents a setback for climate action. The ...
1d
Some U.S. grocery prices are dipping for the first time since 2020
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
9d
on MSN
Main engine of U.S. economy posts fastest growth in more than two years, ISM finds
Service-oriented companies such as retailers and restaurants grew in October at the fastest pace in more than two years, a ...
3d
How President-elect Trump can influence the U.S. economy
President-elect Trump has promoted tax cuts, tariffs, deregulation and deportations as key pillars of his blueprint for the U ...
1d
Letters: U.S. oligarchy | It’s the economy, Dems | Political pendulum swings
The editorial “The return of Donald Trump” (Nov. 7) paints a dark picture of America and our democratic process. It starts ...
2d
on MSN
Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
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