Jerome Powell says Fed can afford to be a little more cautious

December 5, 2024

Federal Reserve Chair Jerome Powell indicated support for a slower pace of interest rate cuts, citing a stronger-than-expected U.S. economy. While some officials lean towards another cut, Powell’s cautious stance aligns with others who prefer to wait for more data on inflation and employment before deciding.

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Nifty logs 7th straight weekly losses for the first time in 6 years: Time to be fearful, or can bulls pull off a comeback?

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