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Fed's Powell Says No Need to Hurry Rate Cuts
Powell Says Strong US Economy Means No Rush to Cut Rates
Good morning. Jerome Powell isn’t in a hurry to lower US interest rates. Rachel Reeves says that the UK’s crackdown on banks went too far. And shop for thrifty to expensive watches with Bloomberg Pursuits.
Fed has time to see what Trump policies mean for the economy, Powell says
Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking thinking due to the return of President-elect Donald Trump to the White House.
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, economy
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 period as consumer spending held up, government data showed Friday. The world’s fourth-largest economy grew 0.2% in the fiscal second quarter,
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 growth slows as new PM readies stimulus
Japan's growth slowed in the third quarter, official data showed Friday, as Prime Minister Shigeru Ishiba seeks to jumpstart the world's fourth-largest economy.
3h
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, ...
USA Today
19h
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 ...
3h
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 ...
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," ...
25m
on MSN
China Economy Stabilizes as Consumption Rises More Than Expected
China’s economy showed signs of stabilization last month, buoyed by the highest retail sales growth in eight months and ...
17h
on MSN
Trump's potential Treasury pick gives vision for economy: Get ready for 'golden age'
Focusing on manufacturing, energy and tech, Scott Bessent, a potential top candidate for Trump's Treasury secretary, makes ...
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