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.
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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 ...
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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 ...
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 ...
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.
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Closing Bell: ASX ends Friday in style; NoviqTech explodes 180pc
The ASX rose on Friday, with NoviqTech almost tripling on blockchain funding. MinRes, however, dipped again and US Fed boss .
Stock market today: Asian stocks climb after Wall Street's post-election boom slows
Asian shares are mostly higher after U.S. stocks slipped as the market’s rally following Trump’s election victory continued ...
Live news: Hacker gets 5 years in prison over bitcoin ‘heist of the century’
US money market funds have hit an all-time high, adding $82bn in the week ending on Wednesday to bring total assets to $6.67tn, according to the Investment Company Institute. The increase was the ...