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Chicago Fed president explains “the hardest thing that a central bank has to do”
Austan Goolsbee talks about the Fed's timing in moments of transition, if COVID is still affecting the economy, and why he's ...
Gold surges on mixed US data, increased Fed rate cut speculation
Gold rallied over 1% on Friday, with the yellow metal set to end the week with modest gains of 0.20% after inflation data ...
Fed minutes reveal lively September debate about whether first rate cut should be big or small
There was a divide within the Federal Reserve about whether its first interest rate cut in more than four years should be 25 ...
Fed has had a series of 'close-call-type meetings' and the trend is likely to continue
Federal Reserve officials have had a series of meetings with close decisions and that trend is likely to continue, said Chicago Fed President Austen Goolsbee, on Thursday. Officials have diverse views ...
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Another 50 bps rate cut by the Fed is unlikely to happen again this year
According to the global capital markets commentary The Kobeissi Letter, the Federal Reserve will unlikely initiate another 50 ...
Morning Bid: Fed 'skip' enters fray as big banks report
Stock futures were marginally in the red first thing on Friday, with banks JPMorgan (JPM.N), Bank of New York Mellon (BK.N) ...
Fed shrugs off downturn concerns in latest minutes
Despite recent concerns among business leaders that the economy may enter a contraction some time in the next six months, U.S ...
CPI for September: Inflation higher than expected. Fed rate cuts still seen as likely.
Somewhat higher core inflation and a strong September jobs report have raised questions among investors about whether the Fed ...
Fed Officials Were Divided Over Size Of Last Month’s Jumbo Interest Rate Cut, Minutes Show
This is what Fed officials discussed behind closed doors last month before agreeing on a big interest rate cut.
Fed's Goolsbee said to doubt economic overheating despite strong jobs report
Federal Reserve Bank of Chicago President Austan Goolsbee recently expressed skepticism that the U.S. economy is overheating, ...