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Economists say it is likely the first in a series of reductions that should make borrowing more accessible for consumers. Fed Chair Powell described the reduction as “a risk-management ...
With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first ...
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Sterling Falls Vs Euro After BOE Decision
Sterling fells against the euro and pared gains against the dollar after the Bank of England left interest rates unchanged.
Jerome Powell delivered a 25bps rate cut, but Wall Street’s muted reaction reflects concern it was a risk move on jobs, not ...
Initial Jobless Claims fell to 231K vs. the previous week. Continuing Jobless Claims dropped to 1.920M. According to a report ...
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