Fed sees no ‘hurry’ to cut rates as confidence in economy grows, Powell says

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Federal Reserve Chair Jerome Powell said that the central bank will likely continue with quarter-percentage-point interest rate cuts and is not in a hurry to cut rates quickly. Powell emphasized confidence in ongoing economic growth and consumer spending. The Fed aims to maintain low unemployment and manage inflation towards its 2% target.

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DMart Q3 Results: Standalone profit up 6.5% to Rs 785 crore, revenue jumps 17.5%

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