Today news
About the same in other media
Federal Reserve has 'growing confidence' of US soft landing but in 'no rush to cut rates'
Reading now: 538
investmentweek.co.ukSpeaking at the National Association for Business Economics Annual Meeting yesterday (30 September), Powell said the US economy was «strong» and had made «significant progress over the past two years» towards achieving its dual mandate goal of maximising employment and stable prices. Investors relieved by 'aggressive' Fed rate cut but question need of large snip Powell pointed to a «solid» labour market, and said «I have greater confidence that [inflation] is it on a sustainable path back to 2%». Last month, the Fed cut US interest rates by 50bps, the first rate reductions in four ...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
US election 2024 betting: Federal Court makes big announcement. Details here economictimes.indiatimes.com /1 month ago
New Jersey offshore wind farm clears big federal hurdle amid environmental concerns abcnews.go.com /1 month ago
Harris or Trump — Who is favouring skills over college degrees for federal jobs? economictimes.indiatimes.com /1 month ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
