• November 14, 2024

Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong

(Bloomberg) -- Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central bankers room to lower interest rates at a careful pace. ...

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• November 14, 2024

Fed has time to see what Trump policies mean for the economy, Powell says

By Michael S. Derby (Reuters) - Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking thinking due to the return of Preside...

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• November 14, 2024

Powell says no need for Fed to rush rate cuts given strong economy

(Reuters) -Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate ca...

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• November 14, 2024

Oil Ekes Out Third Straight Gain Even as Outlook Turns Bearish

(Bloomberg) -- Oil edged higher for a third day, settling below $69 a barrel, as traders weighed bullish gasoline draws in the US with a dour long-term outlook. A US government report showi...

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• November 14, 2024

Oil settles slightly higher, investors focus on steep draw in fuel stocks

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices closed slightly higher in choppy trading on Thursday, as a steep draw in U.S. fuel stocks outweighed oversupply concerns and demand worries stem...

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• November 14, 2024

How Trump’s proposed tariffs could affect the cost of jeans, appliances, and everyday items

Consumer prices rose in line with expectations in October, signaling further moderation of inflation . But economists expect that trend could reverse quickly if Donald Trump follows through with h...

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• November 14, 2024

Banxico Cuts for Third Meeting as Core Inflation Slows

(Bloomberg) -- Mexico delivered a third straight interest rate cut as a key measure of underlying inflation retreats and concerns mount over the slowdown in Latin America’s No. 2 economy. B...

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• November 14, 2024

JPMorgan AM Says ‘Foggy’ 2025 Set to Keep Fed on Hold Next Year

(Bloomberg) -- The Federal Reserve is likely to pause its interest-rate cuts after December to assess the economic impact of policies under President-elect Donald Trump, Karen Ward, chief market str...

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• November 14, 2024

Trump’s Ally Lummis Pushes to Sell Some of the Fed’s Gold to Buy Bitcoin

(Bloomberg) -- An ally of Donald Trump in the US Senate has a plan for filling up the president-elect’s proposed strategic Bitcoin stockpile without adding to the government deficit: Sell off some o...

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• November 14, 2024

Barkin: Wages, possible tariffs, reasons to be careful about declaring inflation victory

WASHINGTON (Reuters) - High union wage settlements and the possibility of coming tariff increases are among the uncertainties that could make U.S. Federal Reserve officials more cautious about think...

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