Fed Vice Chair Jefferson: rate cut aimed at keeping US job market strong
(Reuters) – Federal Reserve Vice Chair Philip Jefferson on Tuesday said the U.S. central bank's half-percentage-point interest-rate cut last month was aimed at keeping the labor market strong even as…
Fed Vice Chair Jefferson: Sept rate cut was ‘timely’
(Reuters) – The Federal Reserve's 50-basis-point interest-rate cut last month was "timely" and was neither reactive, nor proactive, Fed Vice Chair Philip Jefferson said on Tuesday. "It was timely and…
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- Legal Topics
- October 8, 2024
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Mass. Appeals Court Declares Winner in Longstanding Land-Use Dispute Between Northeastern University and Town of Nahant
The Nahant Preservation Trust, the town of Nahant, and certain Nahant residents have suffered another loss in their years-long legal battle to stop Northeastern University from expanding its Marine Science…
Argentina September inflation seen at lowest since late 2021
BUENOS AIRES (Reuters) – Argentina's monthly inflation rate is expected to have slowed to 3.5% in September, which would be the lowest monthly rate since the end of 2021, a…
Fed’s Bostic says labor market slowing but not slow, jobs gains ‘robust’
WASHINGTON (Reuters) – Last week's jobs numbers confirm the U.S. labor market remains strong even though it may be slowing, with a 4.1% unemployment rate around what is considered full…
Dow Jones Today: S&P 500, Nasdaq Surge as Nvidia, Other Large-Cap Tech Stocks Gain
DocuSign, MDU Resources Rise on S&P Global Index Changes 52 minutes ago Shares of DocuSign (DOCU) and MDU Resources Group (MDU) advanced in early trading Tuesday, a day after S&P…
FirstRand Turns More Bullish on South Africa’s Economy, Rand
(Bloomberg) — FirstRand Ltd. has turned more bullish on South Africa’s economy, and now sees a greater chance of economic growth accelerating to 2% and the rand strengthening to below…
Chile Inflation Undershoots Forecasts Before Rate Decision
(Bloomberg) — Chile’s consumer prices rose less than forecast last month, providing the central bank with some good news as policymakers signal they will cut the interest rate again next…
Oil retreats as investors pare bets on Middle East war risk after sharp rally
By Emily Chow SINGAPORE (Reuters) -Oil prices fell more than $1 a barrel on Tuesday as traders took profits from a rally in the previous session that lifted the market…
Fed’s Williams says appropriate again to cut rates ‘over time’, FT reports
(Reuters) -Federal Reserve Bank of New York President John Williams said that it will be appropriate again for the central bank to reduce rates 'over time,' after September's big half…
