Federal Reserve officials agreed that inflation is likely to continue to slow this year, but also saw a heightened risk of persistent price pressures as policymakers begin to deal with the impact of the incoming Trump administration's policies, according to Federal Reserve meeting notes for December. Participants expected inflation to continue to move toward 2 percent, although they noted that recent higher-than-expected inflation data, as well as the impact of potential changes in trade and imm...
Bernstein, the White House economic adviser, said inflation is slowing and is now close to the Federal Reserve's 2% target; real wages are rising and underlying economic conditions remain solid; and the jobs report could be distorted by recent hurricanes.
Bank of America clients pulled $4.60 billion from US stocks last week as companies slowed their share buybacks, ending a two-week buying spree. Quantitative strategists such as Jill Carey Hall wrote in a note to clients on Tuesday that all major customer groups, except corporations, were selling net, with institutional and hedge fund positions squaring in the previous week. Technology stocks suffered their first capital withdrawal in three weeks, with the largest outflow of funds among 11 indust...
Rehn, the European Central Bank's governing council, said interest rate cuts could continue if confidence in the slowing trend of inflation grew.
Gold Ten Futures, July 25th, yesterday, a "futures high-frequency trading slowdown" news spread in the market. The reporter immediately checked with the futures company, and learned from a domestic futures company that in order to maintain the fairness of market trading and implement the supervision spirit of the regulatory authorities, the futures market has indeed carried out a collective "slowdown". According to the relevant test data obtained by the reporter from the above futures companies,...
Federal Reserve Governor Bowman: If inflation does not slow down, I am still willing to raise interest rates again.
The halving has led to a 50 per cent reduction in mining rewards, while hash rates continue to hit record highs, and miners are finding their margins squeezed in an already crowded industry. However, as North America enters summer and heatwaves hit, this continued growth will slow down in the coming months. During the summer, the problem of mitigating heat becomes more severe as companies need more power to cool machines and/or stop due to high demand from energy consumers to turn on air conditi...