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Fed's Daly says central bank was right to hold rates steady at July policy meeting

Fed's Daly says central bank was right to hold rates steady at July policy meeting

By Michael S.
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Fed's Cook ready to raise rates if inflation doesn't start easing

Fed's Cook ready to raise rates if inflation doesn't start easing

By Michael S. Derby NEW YORK, Aug 5 (Reuters) - Federal Reserve Governor Lisa Cook said on Wednesday that she’s open to the idea that the central bank may need to raise its short-term interest rate target to deal with “too high” levels of inflation in the U.S. economy.
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Federal Reserve Governor Lisa Cook Signals Readiness to Raise Interest Rates Amid Inflation Concerns

Federal Reserve Governor Lisa Cook Signals Readiness to Raise Interest Rates Amid Inflation Concerns

Federal Reserve Governor Lisa Cook Signals Readiness to Raise Interest Rates Amid Inflation Concerns
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S&P 500 little changed as investors eye Mideast talks

S&P 500 little changed as investors eye Mideast talks

By Chuck Mikolajczak and Shashwat Chauhan NEW YORK, Aug 6 (Reuters) - U.S. stocks dipped on Thursday, pausing after a strong start to the week, as investors digested the latest round of corporate earnings and looked for signs of progress toward a peace deal between the U.S. and Iran.
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San Francisco Fed President Supports Holding Interest Rates Steady Amid Inflation Concerns

San Francisco Fed President Supports Holding Interest Rates Steady Amid Inflation Concerns

San Francisco Fed President Supports Holding Interest Rates Steady Amid Inflation Concerns
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Stocks close lower as investors eye Mideast talks, earnings

Stocks close lower as investors eye Mideast talks, earnings

By Chuck Mikolajczak and Shashwat Chauhan NEW YORK, Aug 6 (Reuters) - U.S. stocks finished the trading session lower on Thursday, pausing after a strong start to the week, as investors digested the latest round of corporate earnings and looked for signs of progress toward a peace deal between the
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Fed's Paulson keeps 'open mind' on rate policy outlook amid high inflation

Fed's Paulson keeps 'open mind' on rate policy outlook amid high inflation

By Michael S. Derby Aug 4 (Reuters) - Federal Reserve Bank of Philadelphia President Anna Paulson said Tuesday she was keeping an “open mind” about what lies ahead for monetary policy in an outlook that could call for higher rates.
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Trading Day: The only way is up

Trading Day: The only way is up

By Jamie McGeever ORLANDO, Florida, Aug 3 (Reuters) - World stocks leaped to record highs on Tuesday, boosted by a relentless stream of strong U.S. and global earnings, with another slump in oil prices on Middle East peace hopes pushing down on bond yields and boosting investor sentiment also.
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Federal Reserve's Williams Optimistic on Inflation Easing, Prepared for Rate Hikes

Federal Reserve's Williams Optimistic on Inflation Easing, Prepared for Rate Hikes

Federal Reserve's Williams Optimistic on Inflation Easing, Prepared for Rate Hikes
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Fed's Schmid calls for tighter monetary policy to tamp down on 'too high' inflation

Fed's Schmid calls for tighter monetary policy to tamp down on 'too high' inflation

By Michael S. Derby Aug 4 (Reuters) - Federal Reserve Bank of Kansas City President Jeff Schmid said on Tuesday that some sort of monetary policy tightening is needed to get “too high” inflation back to the 2% target.
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Wall Street rallies, Dow closes at record on Iran talks optimism

Wall Street rallies, Dow closes at record on Iran talks optimism

By Chuck Mikolajczak and Johann M Cherian NEW YORK, Aug 3 (Reuters) - U.S. stocks kicked off August on a strong note to send the Dow Industrials to a closing record high, as signs of de-escalating U.S.-Iran tensions pulled down oil prices and Treasury yields in a busy week for earnings and economic
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Clear communication of Fed's 'reaction function' is helpful, Kashkari says

Clear communication of Fed's 'reaction function' is helpful, Kashkari says

By Dan Burns Aug 5 (Reuters) - Clearly communicating what the Federal Reserve's "reaction function" will be to various scenarios is helpful for the public and markets and should be continued, Minneapolis Fed President Neel Kashkari said on Wednesday in a jab at the communications stance adopted by