No Sign Us Economy ‘overheating’: Fed Chair Powell

The US economy is showing no signs of overheating, so the job market can continue to tighten without generating troubling inflation, US central bank chief Jerome Powell said Thursday. After his comments highlighting the strengthening economy roiled financial markets on Tuesday amid concerns the Fede... The post No sign US economy ‘overheating’: Fed Chair Powell appeared first on Raw Story.

BING NEWS:
  • Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
    WASHINGTON (AP) — Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past few months, which would mean that Americans might enjoy ...
    12/18/2024 - 2:07 pm | View Link
  • Fed chair Jerome Powell issues warning on inflation, weak housing market
    Though most economists had anticipated another cut, Fed board chair Jerome Powell indicated it was a close call and that 2025 would see a more cautious approach. Inflation and employment have been ...
    12/18/2024 - 12:33 pm | View Link
  • Live: Federal Reserve Chair Jerome Powell Says The Economy Is In A 'Really Good Place'
    The projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and rate cuts. Economists expect that the average prediction will be three rate ...
    12/18/2024 - 10:55 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News