By Michael S. Derby (Reuters) -Federal Reserve Bank of Chicago President Austan Goolsbee said on Friday monetary policy is quite tight and is no longer aligned with current economic conditions,…
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By Howard Schneider JACKSON HOLE, Wyoming (Reuters) – Federal Reserve Chair Jerome Powell made it clear on Friday the U.S. central bank would not shy away from pivoting to interest…
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By Ann Saphir and Howard Schneider JACKSON HOLE, Wyoming (Reuters) -No safer than a bund. Or a gilt. Or an OAT. Long touted as hands-down the world’s “safe haven” securities,…
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Powell’s Jackson Hole speech sets low bar for large cuts to ensure soft landing
Investing.com — Federal Reserve Chair Jerome Powell delivered a dovish speech at the Jackson Hole Symposium on Friday, signaling that the central bank would be willing to deliver a larger…
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Investing.com — Federal Reserve Chair Jerome Powell delivered a dovish speech at the Jackson Hole Symposium on Friday, signaling that the central bank would be willing to deliver a larger…
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By Nelson Acosta and Alien Fernandez CARDENAS, Cuba (Reuters) – Power outages totaling 14 hours or more per day were reported on Thursday across much of crisis-racked Cuba, leaving millions…
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By Leika Kihara JACKSON HOLE, Wyoming (Reuters) – The U.S. Federal Reserve’s dovish shift will likely give the Bank of Japan some respite in its battle to tame a weak…
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By Erwin Seba HOUSTON (Reuters) -U.S. light crude oil gained more than $2 a barrel on Friday after comments by U.S. Federal Reserve Chair Jerome Powell indicated the central bank…
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CAIRO (Reuters) – Three fires have been observed on board a Greek-flagged oil tanker in the Red Sea, The United Kingdom Maritime Trade Operations (UKMTO) said on Friday, one day after…
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Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium sparked varied reactions from Wall Street analysts, all noting a dovish tone and a potential shift in the Fed’s…