Fed Governor Waller said the Fed could cut interest rates earlier if inflation falls below 2 percent, which is an unlikely scenario, or if the labor market deteriorates. The Fed could pause rate cuts if inflation rises unexpectedly. And said the latest inflation data is "disappointing" and the economy is on solid footing and may not slow as expected; GDP growth is expected to be faster in the second half of 2024. Looking ahead, job growth is expected to slow and the unemployment rate will gradua...
Harris, US vice-president, said: "I am deeply troubled by the potential assassination attempt against Trump today."
On September 9, according to a report by Reuters on September 7, US Treasury Secretary Janet Yellen said on the 7th that she may meet with Chinese officials again soon. Asked at the Texas Forum Festival in Austin, Texas, whether she would be "done" when the new government takes over in January next year, whether she might continue in that role, or take on a new role in the new government, Yellen said: "It might be done, but... we'll see." According to the report, Yellen said at the event that sh...
JPMorgan analysts said in a report that most of the positive catalysts that could drive the price of bitcoin and the broader cryptocurrency market have been priced in, including Morgan Stanley wealth advisors offering crypto ETFs to their clients, the impending end of door-to-door repayments, and bipartisan U.S. regulation, among others. The bank table...