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Fed sees no 'hurry' to cut rates
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.
Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy.
Gold off record highs as Fed's Powell signals smaller rate cuts
Gold prices were hovering below recent record peaks on Tuesday after the U.S. Federal Reserve chair tempered expectations for more substantial interest rate cuts this year, with investors looking forward to a series of labour data this week for further insights.
9h
Fed liquidity tools see demand ease amid new repo market anxieties
Inflows into Federal Reserve liquidity tools eased on the first day of the new quarter, although some in markets now worry ...
9h
Recent Data Shows Americans Rushed to Lock in Mortgages Just Days After the Fed Cut Interest Rates
Data from Redfin and the Mortgage Brokers Association show prospective homebuyers are eager to take advantage of lower ...
12h
on MSN
China’s Stock-Market Revival Fails to Register With Fed-Obsessed US Traders
Back in the emerging-market heyday, the sudden frenzy that has pushed Chinese equities to a bull run would be big news on ...
9h
on MSN
Fed terminates 2013 money-laundering enforcement action against Citigroup
The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed against Citigroup over ...
1d
What The Latest Fed Decision Means For Businesses And The Economy
The latest decision by the Federal Reserve to cut interest rates marks a significant turning point for the U.S. economy.
1d
Fed’s Watchdog Says Board Can Do More to Diversify Workforce
The Federal Reserve Board of Governors’ inspector general said the US central bank can take additional steps to bolster its ...
9h
US port strike adds another uncertainty to Fed's outlook
The COVID-19 pandemic's crushing blow to global supply chains also scarred U.S. Federal Reserve officials who thought the ...
21h
What To Expect For Interest Rates From The November Fed Meeting
On November 7, the Federal Open Market Committee is expected to again lower interest rates after an initial cut on September ...
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