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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Closing Bell: ASX ends Friday in style; NoviqTech explodes 180pc
ASX rises as MinRes falls over transparency issues, Powell dampens rate cut hopes, and NoviqTech jumps on securing blockchain ...
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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 ...