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Inflation crisis was fuelled by economic groupthink, says Lord Mervyn King
The Telegraph via Yahoo Finance· 16 hours agoIn a debate in the House of Lords, Lord King said: “It is troubling that not just on the [the Bank...
Powell: Rate cuts will take ‘longer than previously expected’
The Hill via Yahoo Finance· 2 days agoFederal Reserve Chair Jerome Powell confirmed Wednesday that the central bank is pushing back its...
Powell Keeps Hawks At Bay, Says Interest Rate Hike 'Unlikely': Stocks, Gold Rally, While Treasury...
Benzinga via AOL· 2 days agoFederal Reserve Chair Jerome Powell emphasized the need to allow more time for restrictive monetary...
Fed Keeps Interest Rates Frozen: What Another Pause Means for Your Credit Cards
CNET· 17 hours agoIf you think the Federal Reserve is starting to sound like a broken record, you’re not alone. For...
Mexican Peso appreciates as Fed-inspired good mood continues
The Forex Market· 3 hours agoThe Mexican Peso edges higher in most pairs on an upbeat market mood. Investors are relieved the Fed...
EUR/USD advances to 1.0750 as US Dollar drops ahead of US NFP
The Forex Market· 1 hour agoThe ECB is widely anticipated to start reducing interest rates in June. The Fed sees rate cuts this...
EMERGING MARKETS-Developing world stocks near two-year highs ahead of US jobs data
Reuters via Yahoo Finance· 1 hour ago"The US payrolls report is a factor though, but given the Fed has told us they are not looking at hikes, good news on the data front will likely be good for risky assets and ...
... A Nod To Larry Summer's Contention That Federal Reserve In A 'Treacherous Environment': 'Should...
Benzinga· 1 day agoRenowned investor Ray Dalio has lent his voice to the growing concern over the Federal Reserve’s ...
Morning bid: Jobs test Fed relief, Apple buyback bump
Reuters via Yahoo Finance· 1 hour agoThe strength of the U.S. labor market will give Wall Street's interest rate relief a reality check...
Futures Rise on Apple, Amgen Boost; Jobs Data on Tap
US News & World Report· 1 hour agoApple jumped 5.8%, outpacing other megacap stocks in premarket trading after the iPhone maker unveiled a record $110 billion share buyback program and beat modest expectations for quarterly ...