News list for "thirsty"
Nick Timiraos: Fed meeting notes suggest that the number of people who support not cutting interest rates may be more than the number who support cutting interest rates by half a percentage point.
Nick Timiraos, the Fed mouthpiece, quoted experts as saying that Mr. Trump's ouster of Mr. Cook was a blatant blackmail and an attempt to pressure policymakers to cut interest rates.
Nick Timiraos: Fed meeting notes show broad support for last month's decision to keep interest rates on hold, suggesting the likelihood of a September cut would have been very uncertain had it not been for the disappointing jobs data revision released two days after the meeting.
Nick Timiraos: Core PCE inflation looks to be getting worse [in June], no better than when the Fed started cutting interest rates last year, and by some measures even worse. The core PCE price index was at a three-month annualized rate of 2.6% in June (2.3% in the same period last year). On a six-month annualized basis, the figure was 3.2% (3.3% in the same period last year).
Nick Timiraos: This Fed meeting may be another "wait and see" meeting. However, this time the focus may be more on the Fed's stance on upside risks to inflation and wages than on downside risks or benign inflation.
