Powell speaks on Federal Reserve decision to cut interest rates
After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and has made significant progress over the past two years. He noted that the labor market has cooled from its previously overheated state,
Jerome Powell-led rate-setting panel is widely expected to reduce the policy rate for the first time in four years after ...
The US central bank cut the overnight rate by half a percentage point, more than the usual quarter-point adjustment, citing ...
Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...
Biden on Thursday touted the work that his administration has done in steering the nation’s economy over the last three-and-a ...
Indian shares gave up early gains to end modestly lower on Wednesday as investors waited for the U.S. Federal Reserve's first cut to ...
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
By Saqib Iqbal Ahmed, Suzanne McGee and Carolina Mandl NEW YORK (Reuters) -An initial muted market reaction following the Federal Reserve’s first rate cut in four years gave way to a surge in U.S.
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