Fed/ Bostic: Rate cut may take some time
Daily NewsAtlanta Fed President Raphael Bostic said he was not ready to call for a rate cut just yet because of the ongoing risks. He said there was no rush to cut interest...
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Atlanta Fed President Raphael Bostic said he was not ready to call for a rate cut just yet because of the ongoing risks. He said there was no rush to cut interest...
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Jeff Bezos has sold another 12 million shares of Amazon.com Inc. worth $2 billion, bringing the total amount of shares sold to more than $6 billion. Jeff Bezos ha...
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The number of people filing for first-time unemployment benefits in the U.S. fell below expectations, falling to 212,000 in the week ending February 10. The U.S. ...
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Japan unexpectedly entered recession at the end of 2023, losing its title as the world’s third-largest economy to Germany. The Japanese economy unexpectedly contr...
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The Fed’s Vice Chairman for Supervision Michael Barr said that stronger-than-expected inflation in January suggested that the path back to 2% inflation “may be bu...
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Oil prices fell for a second day after data showed U.S. crude inventories rose by the most since November, leaving indicators in a narrow range this year. Brent c...
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As demand for artificial intelligence chips continues to grow, California-based chipmaker Nvidia has surpassed Amazon and Alphabet with a market value of approxim...
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Chicago Fed President Austan Goolsbee said that the possibility of inflation remaining slightly elevated for a few more months is consistent with the expectation ...
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The decline in the US Producer Price Index (PPI) in December was revised from 0.1 percent to 0.2 percent. The US Department of Labor published its annual update o...
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Inflation in the US was 0.3 percent monthly and 3.1 percent annually in the first month of 2024, above estimates. Core inflation also recorded its fastest increas...
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U.S. Treasury Secretary Janet Yellen said on Tuesday that progress was being made in the fight against inflation U.S. Treasury Secretary Janet Yellen said on Tues...
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The European Central Bank’s chief economist Philip Lane said there were risks in cutting interest rates too early or too late. The European Central Bank’s chief e...
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Japanese authorities signaled intervention after the Japanese yen weakened against the dollar by breaking the critical level. The intervention signal from Japanes...
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The Atlanta Fed president said the rate cuts probably won’t happen until the summer. Atlanta Fed President Raphael Bostic, who will vote on policy decisions by th...
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Oil is trading sideways ahead of OPEC’s market outlook and as investors watch developments in the Israel-Hamas war. Brent crude traded above $82 a barrel after cl...
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The price of the cryptocurrency Bitcoin is trading above $ 50,000 for the first time since December 2021 amid continued interest in spot Bitcoin exchange-traded f...
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The US federal government's budget deficit decreased by 43 percent in January compared to the same month the previous year, falling to $22 billion. The US Treasur...
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survey of economists in the US showed that the Fed’s monetary stance is perceived as too tight. Economists have come to believe that the Fed is keeping financial ...
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According to TurkStat data, unemployment decreased to 8.8 percent in December 2023. The unemployment rate among the young population also decreased to 15.5 percen...
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Treasury and Finance Minister Mehmet Şimşek announced that the housing supply will be increased to prevent price increases in rents, new social housing projects w...
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Despite the Fed’s interest rate messages in recent years, bond traders who have been pricing in different expectations are finally converging on the Fed’s project...
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