News list for " exaggeration"
Evercore ISI said market fears of a rate cut by the Federal Reserve, which aims to keep inflation under control while maintaining a strong labour market, were exaggerated, with a cut in November all but certain and a strong possibility in December.
On August 11, Federal Reserve Governor Bowman said that there are upside risks to inflation and the labor market continues to strengthen, indicating that she may not be ready to support a rate cut at the next meeting of U.S. central bankers in September. She said that the progress made in reducing inflation in May and June was welcome, but that inflation was still above the Committee's 2% target, which is troubling, and I will remain cautious when considering adjusting my current policy stance. ...
7x24 Newsflash
Hot News
