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The Fed just provided over $11B in 1-day liquidity to the overnight repo market. Read the implications for the banking system ...
Federal Reserve Board Chairman Jerome Powell stated over the past few months that interest rates should not be lowered, as ...
While the US stock market has fully recovered from a spring rout, the relentless drop in the dollar is prompting currency ...
U.S. stocks climbed further into record heights on Thursday after a report showed the U.S. job market looks stronger than ...
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, set in ...
The unemployment rate ticked down to 4.1 percent, according to a jobs report released Thursday by the Labor Department, ...
June's job growth was hailed in the media as proof of a strong economy. Except there's a problem: fully half of these new ...
The latest jobs data came in way better than expected. That emphatically confirmed the wisdom of Fed chief Jerome Powell and the other 11 members of the Federal Open Market Committee. Powell and his ...
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
The U.S. dollar rose against major currencies, including the yen, euro and Swiss franc on Thursday, after data showing the ...
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...
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