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The FOMC's permanent voting committee and New York Federal Reserve President Williams will make an opening statement at an event in ten minutes.
Federal Reserve Williams: More interest rate cuts are expected in the future.
The Federal Reserve Bank of New York is likely to cut its interest rate target further as inflationary pressures continue to cool, its president said on Monday. "Monetary policy remains in restrictive territory to support a sustainable return of inflation to its 2 per cent objective," Mr. Williams said in a speech at a meeting of the Queens Chamber of Commerce in New York. Looking ahead, "I expect a continued shift to more neutral policy setting will be appropriate over time," Mr. Williams said.
Damian Williams, the US attorney for Manhattan, announced that he plans to step down on December 13 and will be temporarily replaced by his deputy Edward Kim. After Trump was elected President of the United States on November 5, he announced that he would nominate Jay Clayton, the former chairperson of the Securities Exchange Commission (SEC), to manage the Manhattan prosecutor's office. The Southern District of New York is known as a sovereign district because of its independent status and has ...
The opening remarks by the FOMC permanent voting committee and New York Federal Reserve President Williams at an event will be released in ten minutes.
The FOMC's permanent voting committee and New York Federal Reserve President Williams will speak in ten minutes.
Nvidia will replace Intel and Sherwin-Williams will replace Dow as constituents of the Dow Jones Industries Average Index, effective November 8. The index changes are aimed at increasing representative exposure to the semiconductor and materials industries.
Damian Williams, the U.S. Attorney for the Southern District of New York, announced that one of the founders of the cryptocurrency Ponzi scheme Forcount (later known as Weltsys), JUAN TACURI, has been sentenced to up to 240 months in prison by U.S. District Judge Analisa Torres for a scheme that has spread around the world and targeted thousands of victimized investors ("victims"), mainly Spanish-speaking people in the United States. JUAN TACURI made millions of dollars from participating in the...
美国纽约南区检察官 Damian Williams 宣布，加密货币庞氏骗局 Forcount（后来称为 Weltsys）的发起人之一 JUAN TACURI 被美国地区法官 Analisa Torres 判处最高 240 个月监禁，该骗局遍布全球，成千上万的受害投资者（“受害者”）中招，在美国主要针对讲西班牙语的人群，JUAN TACURI 从参与诈骗中获利数百万美元，并将这些钱花在了佛罗里达的房地产和奢侈品等物品上。
Federal Reserve Williams: It is appropriate to shift policy to neutral over time.
The Federal Reserve's Williams said that despite volatility, inflation has declined fairly steadily; economic activity is broadly balanced; and the latest data is consistent with recent trends.
The FOMC's permanent voting committee and New York Federal Reserve President Williams will speak in ten minutes.
12:00-21:00 Keywords: Williams, BlackRock, Harris, Vitalik U.S. nonfarm payrolls increased by 142,000 in August. 2. Federal Reserve Williams: Ready to start the process of cutting interest rates; 3. Three major Japanese banks will test cross-border stablecoin transfer platforms. 4. BlackRock: If the Federal Reserve cuts interest rates by 50 basis points this month, it may signal to the market that it is worried about the economy; 88 American corporate leaders have written in support of Harris, i...
The Federal Reserve Williams said it is ready to start the process of cutting interest rates, and monetary policy can adjust to a more neutral stance based on the data. Inflation is expected to be close to 2% next year, and inflation is expected to cool further. Inflation is expected to be 2.25% this year. The unemployment rate is expected to reach about 4.25% by the end of the year. The long-term expected unemployment rate will be stable at around 3.75%. Federal Reserve policy has been effectiv...
