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Fed's Powell Says No Need to Hurry Rate Cuts
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.
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The 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.
Study quantifies impact of Boston Marathon to area economy
Boston Marathon Gives $500 Million Lift to Massachusetts Economy
The Boston Marathon delivered a more than $500 million economic windfall to the Massachusetts economy this year.
What's the Boston Marathon worth to the region? Economic impact study finds answers
For the first time, a research team set out to determine how much economic impact the Boston Marathon has for the region.
Study quantifies impact of Boston Marathon to area economy for first time
What is the historic Boston Marathon worth to Boston? A new study attempts to quantify the impact of the race for the first time.
3h
on MSN
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
USA Today
11h
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
Blue Lights boosted Northern Ireland economy by £20 million, new BBC report finds
The police drama Blue Lights has generated an estimated £20m in GVA (gross value added) to the Northern Ireland economy ...
4h
Cuba sees growth unlikely in 2024 as hurricanes, earthquakes rattle economy
Cuba is unlikely to see any growth in 2024, Economy Minister Joaquin Alonso said on Thursday, as its already sputtering state ...
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
on MSN
Russia's economy is heading toward a fate worse than recession, pro-Kremlin economists say
"The Russian economy is effectively facing the threat of stagflation — simultaneous stagnation or even recession and high ...
8h
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 ...
4h
Undocumented immigrant tells CNN he supports Trump 'for the economy'
An undocumented immigrant spoke with CNN in a segment that aired on Thursday and told the outlet that he supports ...
MarketWatch
5h
Trump is inheriting an economy near a soft landing, according to Vanguard
The U.S.
economy
appears to be close to a soft landing, but inflation is still not defeated, Vanguard said. (Bloomberg, ...
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