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Fed's Powell: US economy solid, gradual interest rate cuts ...
WEBSep 30, 2024 · At their last meeting Sept. 18, Fed officials reduced their rate to 4.8%, from a two-decade high of 5.3%, and penciled in two more quarter-point rate cuts in November and December. On Monday, Powell said that remains the most likely outcome. “If the economy performs as expected, that would mean two more cuts this year,” both by a quarter ...
Live updates: Markets prepare for slew of economic data, from ...
WEBJun 29, 2023 · Markets rose after an onslaught of economic data Thursday, including a substantial revision to US gross domestic product, the latest mortgage rates and weekly jobless claims. Stocks closed higher...
Economy | Latest News & Analysis | AP News
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Bloomberg - Business News, Stock Markets, Finance, Breaking ...
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