Jerome Powell says Fed will likely cut rates cautiously given persistent inflation pressures
At the same time, he said, the economy is strong, and the policymakers can take time to monitor the path of inflation.
Cryptopolitan on MSN50m
Federal Reserve Chair Jerome Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates
The Federal Reserve Chairman Jerome Powell announced on November 14 that strong U.S. economic growth will allow policymakers ...
EMEA Morning Briefing: Investors Parse Powell's Caution
"Now investors are looking back and analyzing what the actual impact of the election is, and they make their time to redo their portfolios and calls with the right sectors and international ...
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Wall Street down as Fed comments dampen rate cut hopes
Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investor hopes for ...
Channel NewsAsia Singapore48m
Stocks dip, dollar edges higher after US labor market, inflation data
A gauge of global stocks was lower for a third straight session on Thursday, after U.S. economic data indicated the labor ...
EUR/USD rises to near 1.0550 after rebounding from yearly lows
The ECB’s October Monetary Policy Meeting Accounts indicated increasing consideration of rate cuts with caution about domestic inflationary pressures.
Stockhead on MSN14m
Closing Bell: ASX ends Friday in style; NoviqTech explodes 180pc
ASX rises as MinRes falls over transparency issues, Powell dampens rate cut hopes, and NoviqTech jumps on securing blockchain ...
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Typhoon Usagi wreaks more damage and misery in Philippines as yet another storm looms
Typhoon Usagi swamped rural villages in floods, knocked out power, and displaced thousands more people before blowing away on ...