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Fed's Goolsbee uneasy about rate cuts, says nothing wrong with dissenting
Goolsbee uneasy about front-loading rate cuts amid inflation concernsSome Fed policymakers support further policy easing because of labor market concernsGoolsbee supports consensus-building but open to dissent if necessaryBy Ann Saphir Nov 20 (Reuters) - Chicago Federal Reserve President Austan G...Reuters
Thu, Nov 20
TREASURIES-US Treasury yields drop as traders see higher chance of Fed rate cut
Unemployment rate rises to 4.4% despite job growthTraders see increased chance of December Fed rate cutFed policymakers express concerns over further easing due to inflationBy Karen Brettell NEW YORK, Nov 20 (Reuters) - U .S. Treasury yields fell on Thursday after data showed the U.S. unem...Reuters
Thu, Nov 20
Fed’s Goolsbee: Inflation seems to have stalled
Federal Reserve Bank of Chicago President Austan Goolsbee spoke at the Chartered Financial Analyst Society of Indianapolis Annual Lunch on Thursday. He said that inflation seems to have stalled and that, for inflation, we've set a 2% target; 3% inflation is too high.Fxstreet
Thu, Nov 20
Fed's Goolsbee repeats he is uneasy on rate cuts
Nov 20 (Reuters) - Chicago Federal Reserve President Austan Goolsbee repeated on Thursday he is "uneasy" about frontloading interest-rate cuts, particularly with progress on inflation towards the Fed's 2% goal looking to have stalled and starting to go the wrong way."In my view, this...Reuters
Thu, Nov 20
Morgan Stanley drops call for December Fed rate cut after strong jobs data
Nov 20 (Reuters) - Morgan Stanley on Thursday scrapped its forecast that the U.S. Federal Reserve would cut interest rates by a quarter-point at its December meeting after a firm September jobs report showed signs of a resilient economy.Non-farm payrolls increased by 119,000 jobs after a downwardly ...Reuters
Thu, Nov 20
Fed's Cook: maturity mismatch a major vulnerability in hedge fund trading
Nov 20 (Reuters) - The maturity mismatch in funding that characterizes some widely used hedge fund trading strategies in the Treasury securities market are among "major vulnerabilities" in financial markets, the Federal Reserve Governor Lisa Cook said on Thursday. "This is something tha...Reuters
Thu, Nov 20
Edgy Iran seeks Saudi leverage to revive stalled nuclear talks with US
Iran's president writes to Saudi leader stressing it seeks no confrontation, still open to dealIran worried about repeat Israeli attack if diplomacy fails, sources saySaudi crown prince says he backs peaceful US-Iran resolutionIran, US support nuclear diplomacy yet deadlocked on core demandsIran...Reuters
Thu, Nov 20
