Interest rate messages from Fed officials
Daily NewsRecent speeches by Fed members revealed that there are different ideas within the Fed on whether to hike interest rates in June or hold steady. New York Fed Presi...
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Recent speeches by Fed members revealed that there are different ideas within the Fed on whether to hike interest rates in June or hold steady. New York Fed Presi...
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Japan’s economy grew faster than expected in the first quarter, helped by a recovery in tourism following the lifting of pandemic restrictions, official data show...
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Oil steadied as a lackluster recovery in China overshadowed bullish outlooks from the International Energy Agency and upbeat U.S. data. U.S. crude traded around $...
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Asian markets were mixed as investors assessed economic data from the region and uncertainty over the U.S. debt ceiling. Asia-Pacific markets were mixed as invest...
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US House of Representatives Speaker McCarthy stated that an agreement on the debt limit is possible US House of Representatives Speaker Kevin McCarthy said, "It i...
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Sam Altman, CEO of OpenAI, the company that created ChatGPT, testified before the US Senate that he welcomes regulation of AI technology and that there is a reaso...
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Indian Foreign Minister Subrahmanyam Jaishankar said that according to EU Council regulations, Russian crude oil will not be subject to EU sanctions after being p...
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Fed Vice Chairman for Supervision Michael Barr said the agency will consider rule changes for large regional banks in the wake of bank failures and will require m...
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In a statement made by the United Nations, it was announced that they were at a sensitive point in the Black Sea Grain Initiative and that if the parties did not ...
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Fitch stated in its assessment of the elections, "The elections advancing to the second round are prolonging the uncertainty in the political and economic policie...
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The EBRD has lowered its growth forecast for Turkey this year from 3 percent to 2.5 percent. The European Bank for Reconstruction and Development (EBRD) has lower...
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Oil rose as the U.S. began searching for crude to fill its strategic reserves, but concerns about China’s economic recovery are growing. U.S. crude closed 1.5% hi...
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China’s industrial production accelerated to its highest level since September 2022 in April, but fell short of expectations. Industrial production in April rose ...
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Asia-Pacific markets were mixed as investors weighed key economic data from China, which missed estimates despite market expectations of a broader recovery. Retai...
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The US administration announced that it will purchase up to 3 million barrels of crude oil for its strategic petroleum reserve to be delivered in August. The US, ...
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US Treasury Secretary Janet Yellen reiterated her warning that the US could face a cash crunch by June 1 if the debt limit impasse is not resolved. US Treasury Se...
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The Fed has published the May 2023 issue of its Supervision and Regulation Report. The Fed noted in the report that recent bank failures revealed that the distrib...
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In a statement made by the United Nations, it was stated that Turkey was thanked for the efforts it made for the Black Sea Grain Initiative and that the food prod...
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The Central Bank of the Republic of Turkey has announced that it has changed the implementation instructions regarding securities facilities and decided that cash...
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Oil prices fell for a fourth day as concerns about the U.S. economy and China’s slower-than-expected recovery weighed on the outlook. U.S. crude fell below $70 a ...
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Asian stock markets were mixed after worries about the U.S. debt ceiling and two of the three major U.S. indexes posted second straight losses. Asia-Pacific marke...
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