Jerome Powell Acknowledges ‘Substantial Further Progress’ Has Been Met, Taper Could Start in 2021
Fed Chair Jerome Powell has signalled that the central bank could begin tapering its unprecedented monetary stimulus as early as
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Federal Reserve
Fed’s Key Inflation Figure Soars by Most Since 1991
US personal spending remained modest in July amid a decline in merchandise outlays, but the inflation measure the Federal Reserve
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Fed Officials Signal Intent to Wind-Down Stimulus as Early as This Year
Oil and other commodities were under pressure on Thursday, after the Federal Reserve finally indicated that a stimulus taper could
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Fed’s Reverse Repo Facility Surges Above Record $1 Trillion Amid Oversupply of Cash
A consistent oversupply of US dollars has prompted investors to park excess cash in the Federal Reserve’s repo facility, causing
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Fed’s Beloved PCE Index Soars to Highest Since 1991
The Federal Reserve’s beloved inflation indicator has just surged by the most since the early 1990s, suggesting that the ongoing
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US Fed Signals Two Rate Hikes as Early as 2023
As the stock market puked while awaiting the latest results of what was anticipated to be Jerome Powell’s most important
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US Mortgage Rates on the Rise Following Fed’s Comments
US mortgage rates inched higher on Thursday to around 3.25%— the highest since mid April, following Fed Chairman Jerome Powell’s
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Federal Reserve Acknowledges Higher Inflation, But Maintains Bond Purchases, Keeps Rates Near Zero
The Federal Reserve remained committed to its current monetary policy initiatives, despite recognizing an acceleration in the country’s economic recovery,
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White House, Federal Reserve Insist Impending Inflation Spike will be Temporary
Despite a rapidly accelerating economic recovery, the Biden administration and the Federal Reserve continue to stand firm on their monetary
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Federal Reserve to Lift Bank Dividend Limits, Buyback Restrictions in June
Following a recent move to lift the SLR exemption amid a improving economic outlook, the US Fed has given banks
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