Fed Officials Signal More Rate Cuts, Bostic Open to a Skip
Slowly cooling inflation and a U.S. job market that remains strong but at risk of deteriorating give a green light […]
Fed Officials Signal More Rate Cuts, Bostic Open to a Skip Read More »
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Slowly cooling inflation and a U.S. job market that remains strong but at risk of deteriorating give a green light […]
Fed Officials Signal More Rate Cuts, Bostic Open to a Skip Read More »
WASHINGTON – The number of Americans filing new applications for unemployment benefits surged last week, partially boosted by Hurricane Helene
US Weekly Jobless Claims Surge Amid Hurricane Helene Distortions Read More »
Federal Reserve policymakers are seen as likely to deliver a quarter-percentage-point interest-rate cut next month and continue to lower the
Fed Seen Delivering 25 bps Cut Next Month After Inflation Data Read More »
WASHINGTON – U.S. consumer prices rose slightly more than expected in September amid higher food costs, but the annual increase
US Consumer Prices Rise on Food; Hurricane Helene Clouds Labor Market Outlook Read More »
On Wednesday, Mary Daly, the San Francisco Federal Reserve Bank President, said she “fully” supported the U.S. central bank’s half-of-a-percentage-point
Fed’s Daly Sees One or Two More Interest Rate Cuts in 2024 Read More »
On Wednesday, Lorie Logan, the Dallas Federal Reserve Bank President, said she supported last month’s outsized interest-rate cut but wants
Fed’s Logan Calls for ‘Gradual’ Rate Cuts Amid Inflation Concerns Read More »
WASHINGTON – U.S. wholesale inventories rose less than initially thought in August amid a sharp moderation in the pace of
US Wholesale Inventories Revised Lower in August Read More »
The interest rate for the most popular U.S. home loan rose to 6.36% last week, marking the biggest weekly increase
US 30-Year Mortgage Rate Jumps to 6.36%, Biggest Weekly Gain in 15 Months Read More »
WASHINGTON – A “substantial majority” of U.S. Federal Reserve officials last month supported a half-point rate cut to start the
Minutes of the U.S. Federal Reserve’s half-a-percentage-point rate cut last month, to be released on Wednesday may provide a final
Fed September Minutes May Show Whether 50 bps Rate Cut Was a Slam Dunk or a Hard Sell Read More »
NEW YORK – It may not quite be the famous question of Shakespeare’s Hamlet, but it is something very much
Should You Refinance Your Mortgage Now as Rates Drop? Read More »
WASHINGTON – On Tuesday, the Congressional Budget Office estimated a U.S. federal deficit of $1.834 trillion for fiscal 2024, the
CBO Forecasts US Federal Deficit to Reach $1.834 Trillion in 2024, Largest Since COVID Read More »
On Tuesday, Philip Jefferson, the Federal Reserve Vice Chair, said the U.S. central bank’s half-percentage-point interest-rate cut last month was
The Federal Reserve’s 50-basis-point interest-rate cut last month was “timely” and was neither reactive nor proactive, Fed Vice Chair Philip
Fed Vice Chair Jefferson Calls September Rate Cut ‘Timely’ Read More »
NEW YORK – On Tuesday, Susan Collins, the Federal Reserve Bank of Boston President, said that with inflation trends growing
Fed’s Collins Expects More Rate Cuts Amid Confidence Inflation is Easing Read More »
WASHINGTON – Last week’s jobs numbers confirm the U.S. labor market remains strong even though it may be slowing, with
Fed’s Bostic Says Labor Market Slowing but Not Slow, Jobs Gains ‘Robust’ Read More »
WASHINGTON – The U.S. trade deficit narrowed sharply in August as exports increased to a record high, suggesting trade could
US Trade Deficit Narrows Sharply in August as Exports Hit Record High Read More »
Federal Reserve Bank of New York President John Williams said it will be appropriate again for the central bank to
Fed’s Williams Says It’s Appropriate Again to Cut Rates ‘Over Time’, FT Reports Read More »
FRANKFURT – Fed Governor Adriana Kugler said in Frankfurt on Tuesday that the U.S. jobs market has started to cool
Fed’s Kugler Says US Jobs Market Cooling But Still Resilient Read More »
On Tuesday, Federal Reserve Governor Adriana Kugler said she strongly supported the U.S. central bank’s recent interest rate cut and
Fed’s Kugler Open to More Rate Cuts if Inflation Continues to Ease Read More »
NEW YORK – On Monday, Alberto Musalem, the Federal Reserve Bank of St. Louis President, said he supports more interest
Fed’s Musalem Argues for More Rate Cuts, Says Data to Drive Easings Read More »
Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months by
Goldman Sachs Lowers US Recession Odds to 15% Following Upbeat Jobs Report Read More »
On Friday, Austan Goolsbee, the Chicago Federal Reserve President, called the latest U.S. jobs report “superb” and said more labor
Fed’s Goolsbee Calls Latest Employment Data ‘Superb,’ Still Sees Rate Cuts Ahead Read More »
A surge in U.S. job growth has financial markets betting the Federal Reserve will follow last month’s half-point interest rate
Fed Seen Slowing Rate Cut Pace After Strong Employment Report Read More »