Federal Reserve
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financeUS Inflation Hits 3.8%, Fed Drops 'Transitory' Tag
U.S. inflation hits 3.8%, highest in three years. Fed shifts stance, no longer sees pressures as transitory.
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financeKansas City Fed President Jeff Schmid Warns Inflation Fight Is Far From Over
Kansas City Fed President Jeff Schmid takes a hawkish stance on inflation, signaling no rate cuts soon.
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finance5 Reasons the Stock Market Is Headed for a Pullback - But Don't Sell Yet
Veteran advisor sees a 5-10% drop ahead due to inflation, high valuations, and Fed policy. But strong earnings suggest a temporary dip, not a crash.
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financeBessent Clarifies 'Strong Dollar' Policy
US Treasury Secretary Scott Bessent defines 'strong dollar' as economic fundamentals, not currency intervention.
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financeKansas City Fed President: Inflation Remains 'Most Pressing Risk'
Kansas City Fed President Jeff Schmid warns inflation is the economy's biggest threat, signaling continued hawkish monetary policy.
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financeFed's Daly: Regulation Hinders AI Productivity Gains
San Francisco Fed President Mary Daly warns state-level AI regulations burden startups and slow productivity growth, urging a focus on micro data.
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financeWall Street Climbs as Crude Eases on Hopes of US-Iran Truce Extension
US stocks rose and crude oil prices fell on reports of a potential US-Iran ceasefire extension and reopening of the Strait of Hormuz.
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financeMoney Market Funds Inflow Reaches $120 Billion as Banks Shift Strategy
US money market funds surged with $120B inflows, reflecting banks' strategic liquidity moves post-2023 stress. Government funds lead the charge.