Similar Stories to Us Economy No Longer Overheated, Fed's Powell Tells Congress on Bing News

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Tue, 07/09/2024 - 3:07am

US economy no longer overheated, Fed's Powell tells Congress

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BING NEWS:

Fed Chair Powell says U.S. economy is in ‘solid shape’ with gradual rate cuts coming
His comments disappointed the hopes of many investors that the Fed would implement another steep half-point reduction in its key rate before the end of the year.
09/30/2024 - 11:29 am | View Link
Fed’s Jerome Powell hints at more rate cuts as inflation slows but warns of ‘two-sided’ risks
The US economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark interest rate and “over time” reach a level that is no longer holding back ...
09/30/2024 - 7:55 am | View Link
Fed's Powell says rates will 'over time' reach neutral level, not preset
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark interest rate and "over time" reach a level that is no longer holding back ...
09/30/2024 - 7:19 am | View Link
US firms see weaker employment growth as economy slows, Fed survey shows
Fed Chair Jerome Powell and his colleagues have made it clear ... Consumer spending edged down in most of the Fed's districts, according to the report, which is released roughly every six weeks ...
09/4/2024 - 8:08 am | View Link
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