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January 22, 2020
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Trump takes time in China deal signing to lament his Fed chair pick, again

Reuters
(Reuters) – A funny thing happened on the way to the U.S.-China trade deal signing: President Donald Trump may have tipped his next pick for head of the Federal Reserve — if he gets the chance. Among the dozen or so diversions Trump took in rambling introductory remarks before signing......
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U.S. economy expands modestly but trade tensions weigh, Fed survey shows

Reuters
WASHINGTON (Reuters) – The U.S. economy expanded at a modest pace through the final six weeks of 2019 but uncertainty over U.S. trade policy continued to hurt firms, a survey conducted by the Federal Reserve said on Wednesday. FILE PHOTO: Engine casting blocks, used in a variety of General Motors......
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Record high stocks pause to gauge China-U.S. trade outlook, company earnings

Reuters
LONDON (Reuters) – World stocks eased off record highs on Wednesday and U.S. and German bond yields slipped, as euphoria over a U.S.-China trade deal was tempered by U.S. Treasury Secretary Steven Mnuchin saying tariffs on Chinese goods would remain in place for now. FILE PHOTO: The London Stock Exchange......
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Fed’s Bostic: ‘High bar’ to any rate hike given need to raise inflation

Reuters
ATLANTA (Reuters) – There is a “high bar” to the U.S. Federal Reserve raising interest rates given the need to raise inflation and guard against any drop in inflation expectations, Atlanta Fed president Raphael Bostic said on Monday. “We worry about that. It is going to be a pretty high......
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Take Five: The burning bush

Reuters
A swathe of Australia the size of South Korea is being razed by fire. The toll so far: 27 lives, more than 1,800 homes, a billion animals. But that’s probably a fraction of the eventual costs. Analysts who have done the sums expect a drag as much as 0.4% this......
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U.S. dollar to dominate in directionless forex market: Reuters poll

Reuters
BENGALURU (Reuters) – The U.S. dollar, which has dominated currency market trading for the last two years, looks set to do so again in 2020, according to the latest Reuters poll of foreign exchange strategists. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in......
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Trade risks easing may mean bluer sky for 2020: Fed officials

Reuters
MADISON, Wis. (Reuters) – The global trade wars may not be over, but U.S. Federal Reserve officials on Thursday said the economy may have weathered the worst of it as risks begin to ease and businesses adjust to a new trade environment. FILE PHOTO: The Federal Reserve Board building on......
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Fed focuses on repo market exit strategy after avoiding year-end crunch

Reuters
NEW YORK (Reuters) – Wall Street’s worst fears of a year-end funding squeeze never materialized thanks in large part to the quarter-trillion dollars the Federal Reserve stuffed into the market to ensure nothing became gummed up. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S.,......
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Fed’s Mester, who warned of inflation risks, says current policy ‘well calibrated’

Reuters
SAN DIEGO (Reuters) – Cleveland Federal Reserve Bank President Loretta Mester, among the Fed policymakers most concerned that easy monetary policy would risk excessive inflation, said on Friday she has put those fears to rest for now and is willing to leave rates at their current level absent some substantial......
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Fed policymakers broadly see eye to eye on 2020 outlook

Reuters
SAN DIEGO/BALTIMORE (Reuters) – Federal Reserve policymakers who last year were frequently at odds over where to set U.S. borrowing costs opened 2020 telegraphing confidence in the state of the economy and signaling broad agreement that monetary policy is right where it should be. FILE PHOTO: Federal Reserve Bank of......
Reuters - Business

Fed may need new approach to boost inflation, Daly says

Reuters
SAN DIEGO (Reuters) – The Federal Reserve could find itself fighting too-low inflation for years to come, San Francisco Federal Reserve President Mary Daly said on Friday, and may need a new policy framework to lift inflation back up to the Fed’s 2% goal. FILE PHOTO: The Federal Reserve Board......
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Fed’s Barkin says it’s time to let rate cuts work through economy

Reuters
FILE PHOTO: Federal Reserve Bank of Richmond President Thomas Barkin poses during a break at a Dallas Fed conference on technology in Dallas, Texas, U.S., May 23, 2019. REUTERS/Ann Saphir/File Photo BALTIMORE (Reuters) – Richmond Federal Reserve bank president Thomas Barkin said on Friday it would take a “substantial” change......
Reuters - Business

Oilfield service firms have a bearish outlook for 2020: Dallas Fed

Reuters
FILE PHOTO: An oil pump at sunrise, owned by Parsley Energy Inc. near Midland, Texas, U.S., May 3, 2017. REUTERS/Ernest Scheyder (Reuters) – With their business outlook worsening, about half of oil field service firms plan to cut spending in 2020, the Federal Reserve Bank of Dallas said on Friday......
Reuters - Business

Recession, robots and rockets: another roaring 20s for world markets?

Reuters
LONDON (Reuters) – Helicopter cash, climate crises, smart cities and the space economy — investors have all those possibilities ahead as they enter the third decade of the 21st century. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 17,......
Reuters - Business

Global stocks rally to record highs; gold gains

Reuters
NEW YORK (Reuters) – A gauge of global equity markets and Wall Street’s three major indices finished at all-time highs on Thursday in light holiday trade as a year-end rally advanced further on optimism over a U.S.-China trade agreement. Oil rose to three-month highs, buoyed by a report showing lower......
Reuters - Business

Stocks rally to record highs; gold gains

Reuters
NEW YORK (Reuters) – Gold prices rose and a gauge of global equity markets hit an all-time high on Thursday in light holiday trade as a year-end rally on Wall Street advanced further on optimism over a U.S.-China trade agreement. FILE PHOTO: Traders work on the floor at the New......
Reuters - Business

‘Boneheads’ no more? Fed’s rate cuts appear to defuse Trump’s Twitter rage

Reuters
WASHINGTON (Reuters) – After three interest rate cuts and a fresh round of record highs for U.S. stock markets, has President Donald Trump lost interest in the Federal Reserve? FILE PHOTO: U.S. President Donald Trump delivers remarks during a campaign rally at the Giant Center in Hershey, Pennsylvania, U.S., December......

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