Real-time Financial News

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2024-09-25 Wednesday
  • 04:12:20

    Fed Chairman Powell: We believe there is still some room for supply-side help in fighting inflation.

  • 04:09:59

    Fed Chairman Powell: It will take some time for policy to affect the economy.

  • 04:09:44

    Fed Chairman Powell: Restrictions on the economy need to be reduced before inflation reaches 2%.

  • 04:09:22

    Fed Chairman Powell: The reason why we won’t wait until 2% inflation before cutting interest rates is that it would be too late and would exceed the target.

  • 04:09:09

    [The Dow hit a record high] The Federal Reserve gave a dovetail, U.S. stocks continued to rise, and the Dow hit a record high.

  • 04:08:33

    Federal Reserve Chairman Powell: It can be proved that the transfer of demand to the service industry has not yet been completed.

  • 04:07:53

    Fed Chairman Powell: We will formulate policy in an uncertain and unprecedented environment.

  • 04:07:49

    U.S. White House Press Secretary Jean Pierre: The United States plans to use remaining Ukraine aid funds in December.

  • 04:07:44

    Fed Chairman Powell: We don’t know if the neutral interest rate has risen.

  • 04:06:32

    Fed Chairman Powell: Some policymakers have updated their forecasts based on CPI and PPI data.

  • 04:05:27

    Fed Chairman Powell: Discussions on easing policy are in the initial stages.

  • 04:04:32

    Fed Chairman Powell: We didn’t discuss or debate whose forecast was correct.

  • 04:04:29

    Fed Chairman Powell: Substantial progress has been seen in core inflation.

  • 04:04:04

    Federal Reserve Chairman Powell: It has not yet been determined whether a threshold-based interest rate cut path will be adopted.

  • 04:02:39

    Fed Chairman Powell: Now the two responsibilities are more balanced.

  • 04:02:37

    Fed Chairman Powell: We will pay close attention to demand dynamics.

  • 04:02:31

    Fed Chairman Powell: We are fully committed to avoiding making that mistake.

  • 04:02:18

    Federal Reserve Chairman Powell: We realize that we may be at risk of keeping interest rates high for a long time, and an economic recession will seriously affect the decision to cut interest rates.

  • 04:00:49

    According to Nikkei reports, according to accusations against Japan’s Liberal Democratic Party faction, approximately 500 million yen is believed to be unregulated secret funds in the five years to 2022.

  • 03:59:21

    Fed Chairman Powell: Positive real wages could improve consumer sentiment.

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