Fed's Hammack: Restrictive Monetary Policy Needed to Cool Inflation
Cleveland Federal Reserve President Beth Hammack said Thursday monetary policy needs to remain in a position where it can help lower inflation pressures, suggesting she leans against the U.S. central bank cutting interest rates again in the near future.
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Hassett: No Unemployment Data for October
Data on the U.S. unemployment rate for October may never be available after the weeks-long federal government shutdown, White House economic Adviser Kevin Hassett said Thursday as federal workers returned to work.
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Odds of Fed Rate Cut in December on Knife's Edge as Hawks, Doves Face Off
Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a growing number of Federal Reserve policymakers are signaling reticence on further easing, helping push financial market-based odds of a...
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Fed's Daly: Balance of Risks Slightly Higher With Jobs
San Francisco Federal Reserve President Mary Daly Thursday said the risks to the Fed's two goals are balanced now that the Fed has cut interest rates twice so far this year, though if anything, is slightly tilted to labor-market risks.
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HUD Secretary Scott Turner to Newsmax: Trump Housing Policies Driving Down Rates
The Trump administration is weighing longer-term mortgages, including 50-year loans, to improve affordability as rates fall, HUD Secretary Scott Turner told Newsmax on Wednesday.
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Atlanta Fed President Bostic says he'll leave position when his term expires in February
Atlanta Federal Reserve President Raphael Bostic said Wednesday he will be leaving his position when his term expires in February.
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