Fed Sees No 'Hurry' to Cut Rates as Confidence in Economy Grows, Powell Says
GDI is an alternate measure of economic growth, similar to gross domestic product, but with income rather than output as the yardstick. A gap between the two led Fed officials to worry that output might be weaker than thought, but the two converged when the estimate of GDI was increased.
Powell signals gradual further cuts as US economy in ‘solid shape’
Speaking at the National Association of Business Economics in Nashville, Tennessee, Fed chair Jay Powell today played up the gradualist message that he had sounded out at September 18’s post-rate decision press conference — on amplifiers. His speech had three key messages.
Here's our Tennessee high school football rankings for the Knoxville area entering Week 7 of the 2024 TSSAA season.
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark ...
Friday’s storms caused numerous damages across the Commonwealth, including in Powell County, where county leaders are ...
TOKYO (Reuters) - The U.S. dollar gained against major peers on Tuesday after Federal Reserve Chair Jerome Powell pushed back ...
A mistake by the U.S. central bank in setting interest rates during the last phase of its inflation battle is the main risk ...
The Tennessee Titans have gotten off to a miserable start in 2024, and a big reason for their early-season struggles is quarterback play. Will Levis hasn't exac ...
Born Sept. 27, 1924, Powell helped set the style for jazz piano after WWII. While earlier pianists played busy bass patterns, he helped establish a more fragmented, punctuating role for the left ...
Powell is expected to elaborate on the Fed’s recent decision to cut its benchmark interest rate and on the considerations ...
During a search of the man's van, he jumped into the driver's seat and drove onto Clinton Highway with an officer still ...
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