Fed's Williams Backs More Rate Cuts Due to Labor Slowdown Risk
Federal Reserve Bank of New York President John Williams supports more interest rate cuts this year in view of the risk of a further slowdown in the labor market, he said in an interview published by The New York Times on Thursday.
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World Economy Not Doing as Badly as Feared, IMF Chief Says
The global economy is doing better than expected, even as it faces prolonged uncertainty and underwhelming medium-term growth prospects, the head of the IMF said Wednesday.
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Fed's View of Neutral, Reshuffled by Miran, a Key to Inflation Concerns
New Federal Reserve Governor Stephen Miran might not have won converts to his call for steep interest rate cuts at last month's policy meeting, but his inaugural session has stirred fresh debate about how much rates are restricting the economy.
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Bank of England Warns of 'Sharp Correction' in Markets if Mood Sours on AI, Fed
Global financial markets could tumble if investors' mood sours on the prospects for artificial intelligence or the independence of the U.S. Federal Reserve, the Bank of England warned on Wednesday. The BoE said share price valuations on U.S. stock markets were similar to...
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Wall Street Futures Tick up With Fed Commentary, Minutes in Focus
U.S. stock index futures inched higher on Wednesday after declines a day earlier as investors awaited commentary from Federal Reserve speakers and the release of minutes from the central bank's September policy meeting.
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WTO hikes global trade forecast for 2025 — but next year doesn't look so good
Global trade volumes rose sharply in the first half of 2025 as businesses front-loaded imports ahead of higher tariffs.
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