Category Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

Jefferson Says Fed Can Take Its Time With Labor Market Stable

(Bloomberg) — Federal Reserve Vice Chair Philip Jefferson stated a powerful financial system permits policymakers to take their time earlier than contemplating any extra cuts to rates of interest. He additionally stated wholesome family stability sheets have supported sturdy client…

‘I’m not taking something off the desk’

Atlanta Federal Reserve president Raphael Bostic informed Yahoo Finance that rate of interest cuts are nonetheless on the desk this 12 months as policymakers assess how the financial system is evolving and digest new insurance policies from the Trump administration.…