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.
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low ...
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Goldman thinks the Fed will cut rates more aggressively than expected through the end of 2025.
Households on average saw inflation over the next year at 2.9%, down from 3.0% in September and the lowest estimate for ...
18 September: US Leads Way With Chunky Base Rate Cut The headline rate of inflation rose by 2.2% in the 12 months to August, unchanged from July, according to figures out today from the Office ...
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US follows Bank of England and cuts rates despite fears of Trump inflationFed chief Jerome Powell brushed off questions about the impact of the president-elect's plans, saying: 'We don't guess, we ...
Bank of England base rate cut to help slash mortgage bills - Inflation fell below the Bank of England’s 2% target in ...
The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions.
The Bank of England has attributed expected inflation rises to policies announced in Chancellor Rachel Reeves's October ...
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