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At its May 19-20 meeting, the RBA reduced the official cash rate by 25 basis points to 3.85%, following internal discussions ...
Market expectations now point to just two potential Fed rate cuts in 2025, amid mixed signals from Federal Reserve members.
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Officials at their May 6-7 meeting reaffirmed the need for a “cautious approach” given increased uncertainty over tariff ...
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Benzinga on MSNFederal Reserve Minutes Flag Tariff-Driven Inflation, Eye US Market Volatility As Economic RiskRising tariffs could reignite inflation and weaken the U.S. dollar’s safe-haven appeal, according to the Federal Reserve’s May meeting minutes released Wednesday, according to Benzinga. Officials ...
Eastern time, the S&P 500 was down 0.2%, the Dow Jones Industrial Average was down 0.3%, and the Nasdaq Composite was 0.1% ...
Also at the May 6-7 meeting, Fed officials voted to renew swap lines for dollars and foreign currencies that some overseas central bankers had worried weren't assured. And Vice President JD Vance said ...
US Federal Reserve officials at their last meeting acknowledged they could face “difficult tradeoffs” in coming months in the form of rising inflation alongside rising unemployment, an outlook ...
The Fed has indicated that interest rates aren’t coming down just yet. Here’s how to make the most of where we stand.
Trump has attacked Powell over the Fed’s decision to not lower interest rates, but recently said he has no intention of ...
The FOMC minutes revealed Fed officials grappling with numerous scenarios on President Trump's tariffs and their economic ...
WASHINGTON - US Federal Reserve officials at their last meeting acknowledged they could ... according to newly released minutes of the May 6-7 session. The combination of inflation and ...
Job openings and hiring increased slightly in April ahead of the Friday employment report from the Labor Department, which ...
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