Recently, an article titled "No longer making cents" ran in the Houston Chronicle that lacked some extremely important context. The same article ran in the Beaumont Enterprise and a similar article in the Wall Street Journal.Most notably, all articles lacked transparency...
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Fed's Harker: Rate Cuts Still Possible This Year
As he heads toward retirement at month's end, Philadelphia Federal Reserve President Patrick Harker says interest rate cuts remain a possibility this year amid a very uncertain economic landscape, as he also flagged worries about the quality of economic data policymakers...
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Trump: 'Too Late' Powell Should 'Go for a Full Point' on Interest
President Donald Trump on Friday pushed the Federal Reserve to cut interest rates by a full point, pointing to Europe's rate cuts and taking a swipe at Federal Reserve Chairman Jerome Powell.
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U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
Nonfarm payrolls were expected to increase 125,000 in May while the unemployment rate stayed at 4.2%.
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Russia lowers interest rates to 20% in first cut since 2022 as inflation pressures ease
Inflation in Russia hit 8.3% in the first quarter of the year, with the effects of the war in Ukraine continuing to be felt in the economy.
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US Employers Add a Solid 139,000 Jobs in May
U.S. job growth slowed in May amid headwinds from tariff uncertainty, while the unemployment rate held steady at 4.2%, potentially giving the Federal Reserve cover to delay resuming interest rate cuts for a while.
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