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Powell says no rush needed on more 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.
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.
UK economy ekes out 0.1% growth in 3rd quarter
UK economy ekes out 0.1% growth in the third quarter, below expectations
The U.K. economy expanded by 0.1% in the third quarter of the year, the Office for National Statistics said Friday.
U.K. Economy Slowed More than Expected in Third Quarter
GDP rose only marginally in the three months through September, with prospects for a rebound uncertain as higher government spending and the threat of increased tariffs on exports to the U.S. are likely to push activity in different directions.
UK economy barely grew in third quarter
The UK economy barely expanded in the third quarter as the dominant services sector lost momentum, underlining the challenge facing the Labour government that has put growth at the centre of its agenda.
1h
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 ...
2h
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
21h
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 ...
2h
on MSN
UK economy grows by just 0.1% in Q3
Britain's economy grew by a slower than expected 0.1% in the third quarter of 2024, official figures showed on Friday.
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 ...
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 ...
5h
Malaysia Economy Sustains Strong Growth on Investment Surge
Malaysia’s economy expanded as expected in the third quarter, while remaining on track to meet official forecasts on a surge ...
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