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.
Cryptopolitan on MSN1h
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 ...
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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Stocks dip, dollar edges higher after US labor market, inflation data
A gauge of global stocks was lower for a third straight session on Thursday, after U.S. economic data indicated the labor ...
Daily Maverick on MSN16m
Bitcoin speculative fervour cools, traders await next Trump steps
The speculative frenzy around Bitcoin since Donald Trump’s US election victory is moderating both in the spot and derivatives markets.
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 ...