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Fed Official Defends Independence as Trump Eyes Central Bank Authority
A Federal Reserve official has strongly defended the central bank's political independence on Thursday. Her remarks come just ...
American Banker43m
What payment firms want from real-time's next chapter
Real-time payments and FedNow were top of mind at The Clearing House's Annual Convention this week. Here's how banks and ...
Business Times22m
Japan’s growth slows as Ishiba plans fiscal stimulus measures
Japan’s economic growth slowed in the third quarter, boosting the case for the government to put together a stimulus package ...
Gold Holds Near Two-Month Low as Powell Flags Rate-Cut Restraint
Gold held near a two-month low amid persistent strength in the dollar, with traders winding back expectations for a Federal ...
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Bank of Mexico lowers key interest rate, leaves door open to future cuts
The five-member governing board of Banxico, as Mexico's central bank is known, voted unanimously to cut the key rate to 10.25 ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
Business News43m
Wall Street falls on rate cut commentary
Wall Street's main indexes closed lower overnight after federal reserve chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the US central bank need not ...