Fed’s Daly Says She Doesn’t See Reasons to Stop Cutting Rates
Federal Reserve Bank of San Francisco President Mary Daly said she expected the US central bank would continue cutting interest rates to guard against further weakening in the labor market.
Fed Leaders Favor Rate Cuts, But Differ on Pace
Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.
Fed needs to continue to cut rates, Daly says
San Francisco Federal Reserve Bank President Mary Daly on Monday said she has not seen anything to suggest the U.S. central bank would stop cutting interest rates, which are "absolutely" still high enough that they are restraining the economy.
Four Fed Policymakers Back Further Rate Cuts But Differ In Pacing
Four Federal Reserve policymakers expressed support for further cutting of interest rates. However, they differ on how fast such rate cuts should be made. Reuters reported that three of the policymakers wanted to take it slow,
The Fed feels 'no rush' to cut rates, CFRA CIO cautions
CFRA chief investment officer Sam Stovall says the bar has been set 'pretty low' for Q3 earnings and, more recently, Federal Reserve rate trajectory.
Four Fed policymakers favor more rate cuts, but differ on pace
(Reuters) -Four Federal Reserve policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how fast or far they believe any cuts should go. Three of them, citing the strength of the economy and an uncertain outlook,
Daily Digest: Crypto firm seeks documents from regulators; Longtime Cattlemens replaced by Chick-fil-A
Steakhouse Cattlemens is closing its Petaluma location after 54 years, the Press Democrat reports. The local California chain ...
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US Equity Indexes Mixed as Surging Treasury Yields Restrain Bulls
US equity indexes traded mixed after midday Tuesday as investors awaiting a deluge of earnings reports weighed the impact of recent chunky gains in government bond yields. The S&P 500 slid ...
Daly de Fed San Francisco no ve motivo para dejar de bajar tasas
La presidenta del Banco de la Reserva Federal de San Francisco, Mary Daly, dijo que esperaba que el banco central de EE.UU.
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Artificial Intelligence News
Sep. 11, 2024 — Researchers have created microscale robots less than 1 millimeter in size that are printed as a 2D hexagonal 'metasheet' but, with a jolt of electricity, morph into preprogrammed ...
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United States
United Statescategory Phoenix officers put on leave in probe of violent arrest of disabled Black man 1:36 AM UTC Businesscategory US fines American Airlines record $50 million over treatment of ...
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Erica Hill Net Worth 2024: How Much Money Does 90 Day Fiancé Star Make?
Her notable appearances on TechLive, Anderson Cooper 360, and CBS This Morning have also enhanced her visibility and wealth. The post Erica Hill Net Worth 2024: How Much Money Does 90 Day Fiancé ...
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Robotics News
Oct. 15, 2024 — Engineers have developed a new system for full-body motion capture -- and it doesn't require specialized rooms, expensive equipment, bulky cameras or an array of sensors. Instead ...
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New York Times - Top Stories
Passed Up for the Ticket, Shapiro Tries to Deliver Pennsylvania for Harris Gov. Josh Shapiro of Pennsylvania may not be on the verge of the vice presidency, but he says he has everything riding on ...
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Vice President Harris' running mate joined ABC's "The View" on Monday. 538's Galen Druke breaks down the latest polls as the candidates continue to campaign with just 15 days left until Election ...