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Fed cut seen near certain after inflation data, Bessent comments
The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation increasing at a moderate pace in July and Treasury Secretary Scott Bessent said he thought an aggressive half-point cut was possible given recent weak employment numbers.
Atlanta Federal Reserve President Raphael Bostic on Wednesday said a U.S. job market holding near full employment offers the ...
Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...
Federal Reserve Governor Lisa Cook said the significant downward revisions to the monthly jobs numbers could point to an ...
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Trump has narrowed his Fed chair shortlist to three or four names but hasn’t revealed them
Donald Trump, from inside the White House, said Wednesday that he’s already trimmed his Fed chair shortlist down to “three or ...
Former St. Louis Federal Reserve Bank President James Bullard on Tuesday said he spoke with U.S. Treasury Secretary Scott ...
The Texas economy is showing signs of slowing down, a report out of the Dallas Federal Reserve showed. The latest data shows ...
Federal Reserve Bank of Richmond President Tom Barkin said uncertainty over the direction of the US economy is decreasing, ...
San Francisco Federal Reserve president Mary Daly said Wednesday that the Federal Reserve will likely need to lower rates in ...
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