Fed's Barkin says rates were 'out of sync' before September cut, inflation fight not done
The U.S. central bank's half-percentage-point interest rate cut last month was an acknowledgement that its policy rate was "out of sync" with where the economy stands, but shouldn't be taken as a sign that the battle with inflation is finished,
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.
Homes in the New York, New Jersey and Connecticut areas face some of the most severe risk of flooding in the U.S., a report ...
The September jobs report will be pivotal for markets because it holds implications for future Fed interest rate policies.
US Treasuries are sliding after US companies added more jobs than expected last month, sending a mixed signal to traders who ...
Inflows into Federal Reserve liquidity tools eased on the first day of the new quarter, although some in markets now worry ...
Two Northern California men were sentenced and another pleaded guilty to federal crimes targeted by Project Safe ...
The latest decision by the Federal Reserve to cut interest rates marks a significant turning point for the U.S. economy.
A counterintuitive twist on the Fed's unfolding easing cycle is that it should zap cash income from the banking system in ...
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