Federal Reserve (Fed) Governor Lisa Cook said on Thursday that she endorsed the 50 basis points (bps) interest rate cut last week as a way to address increased “downside risks” to employment, per Reuters.
Federal Reserve (Fed) Governor Lisa Cook said on Thursday that she endorsed the 50 basis points (bps) interest rate cut last week as a way to address increased “downside risks” to employment, per Reuters.
Economic confidence 96.2 vs 96.5 expectedPrior 96.6; revised to 96.5Industrial confidence -10.9...
ByglobalreutersSeptember 27, 2024Fundamental OverviewThe USD remains under pressure amid the aggressive market pricing for...
ByglobalreutersSeptember 27, 2024Prior 2kUnemployment rate 6.0% vs 6.0% expectedPrior 6.0%German unemployment rose by a...
ByglobalreutersSeptember 27, 2024Rate cuts by year-endFed: 74 bps (51% probability of 50 bps rate...
ByglobalreutersSeptember 27, 2024
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