Fed Kept Options Open on Rate Cuts, Minutes Show
The account of the central bank’s Nov. 6-7 meeting, released on Tuesday, showed that Fed officials still planned to cut interest rates further. But with the job market holding up better than expected and the economy growing at a solid clip, they are in no rush to slash them rapidly.
Gold prices edged lower on Thursday as the U.S. dollar strengthened, while investors assessed a flurry of economic data ...
Federal Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy ...
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The latest inflation data will likely reinforce the central bank’s cautious approach when it meets to decide on cutting ...
Money-market funds have attracted record inflows since 2022. That money is set to flow back to the market as rates come down ...
Federal Reserve Bank of Chicago President Austan Goolsbee said he foresees the central bank continuing to lower rates toward ...
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According to the minutes, Fed officials appeared to steer clear at this session of any discussion about the economic ...
The Federal Reserve's preferred measure of inflation likely stayed too hot for comfort in October, though possibly not hot ...
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
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