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But when fresh data this Friday showed the job market is more robust than even the Fed chair thought, some analysts saw it as an opportunity to engage in what Philipp Carlsson-Szlezak, Boston ...
While many forecasters still see firm odds for a 25 basis point cut next month, some commentators have suggested the latest jobs report shows the Fed doesn't have to cut rates at all in November.
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In doing so, it probably took away the argument for a big rate cut at the Fed’s next meeting, in early November. Fed policymakers lowered interest rates by half a point in September, an ...
If you thought “grass-fed beef” meant your steak dinner was frolicking in a meadow before it was prepared, you are in for a shock. Despite what you might think, grass-fed means exactly what it ...
With the Federal Reserve on the verge of more interest rate cuts, the jobs report will be a key data point informing markets on future Fed policy actions. Investors, analysts, and policymakers are ...
Federal Reserve Chair Jerome Powell said Monday the Fed can help regional and local banks in hurricane-affected areas of the country make sure they have enough cash on hand for their customers ...
“Disinflation has been broad-based, and recent data indicate further progress toward a sustained return to 2%,” the Fed’s targeted inflation level, Powell said in remarks prepared for ...
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Powell said that two further rate cuts are possible if the economy continues to perform as expected, though they are likely to not be as aggressive as the half-percent cut the Fed made two weeks ago.