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Fed’s Powell says no need to hurry rate cuts with economy strong
Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...
US Stocks fall post Federal Reserve Chair Powell's Remarks
Federal Reserve Chair Jerome Powell's remarks came as the latest batch of U.S. economy data released earlier in the day generated some uncertainty about the outlook for interest rates.
Gold faces worst week in more than 3 years
Gold prices held steady on Friday but are on track for the steepest weekly decline in over three years, influenced by a ...
Bitcoin faces profit-taking, trades below $87,500; Ethereum and other cryptos drop up to 17%
"Bitcoin experienced profit-taking following Fed Chairman Powell’s statement that there is 'no rush to cut rates,' as ...
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
Stock market today: Asian stocks climb after Wall Street’s post-election boom slows
Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market’s big rally following Trump’s election victory cooled further. U.S. futures and oil prices were lower. In Tokyo, the ...
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 ...