Tag: breaking news
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Here are the five big takeaways from this week’s Fed meeting
The Federal Reserve on Wednesday followed through on expectations for no interest rate change.
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Divided Fed holds interest rates steady, but three members voted to hike
Despite increasing support for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate in a range between 3.5% and 3.75%.
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Trump backs ‘fantastic’ Warsh while calling for lower rates and citing ‘bad intentions’ of other Fed officials
President Trump Monday voiced support for Federal Reserve Chairman Kevin Warsh while insisting that the U.S. should have the lowest interest rates in the world.
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Japan core inflation rate in June creeps up from 4-year low as higher oil prices bite
This is the first rise in core inflation since March, and was in line with the1.6% growth expected by economists polled by Reuters.
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Stocks making the biggest moves after hours: Alphabet, Tesla, IBM, Las Vegas Sands, ServiceNow & more
These are the stocks posting the largest moves in after hours trading.
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Tesla set to report second-quarter results after the bell
Tesla’s earnings report lands in the midst of a slide in the company’s stock price even as its core auto business is rebounding.
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Import prices post surprise gain as costs of goods from China hit highest since 2008
Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere.
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Dallas Fed President Logan calls for ‘modestly’ higher interest rates
The policymaker said this week’s good inflation news wasn’t good enough.
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Bank of Korea raises rates to 2.75% in first hike in over three years
The 25 basis point hike by the Bank of Korea was in line with a survey of economists polled by Reuters.
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