[Tree] Delaware unemployment, job losses

Version 1.98 (2024-06-24 21:56:14.394000)

updates: Delaware's unemployment rate and job losses in May

Version 1.97 (2024-06-21 21:55:32.292000)

updates: The number of Americans filing for jobless benefits fell to 238,000 from a 10-month high of 243,000 the week before. The four-week average of claims rose to 232,750, highest since September. Weekly unemployment claims remain at low levels by historical standards, indicating job security for most Americans. However, there has been a gradual increase in recent weeks that may signal a weakening in demand for workers. Nearly 1.83 million people were collecting unemployment benefits the week of June 8, up by 15,000 the week before.

Version 1.96 (2024-06-20 20:55:38.147000)

updates: US jobless claims fell to 238,000 from a 10-month high, but concerns remain about weakening demand for workers

Version 1.95 (2024-06-20 20:54:17.072000)

updates: Added information about housing data and economic slowdown

Version 1.94 (2024-06-20 19:54:21.542000)

updates: Jobless claims rise to highest level in 10 months

Version 1.93 (2024-06-20 16:54:33.581000)

updates: Jobless claims rise to highest level in 10 months

Version 1.92 (2024-06-20 14:57:47.437000)

updates: Jobless claims rise to highest level in 10 months

Version 1.91 (2024-06-20 13:54:29.564000)

updates: Jobless claims rise to highest level in 10 months

Version 1.91 (2024-06-20 13:54:29.564000)

updates: Jobless claims rise to highest level in 10 months

Version 1.9 (2024-06-20 12:54:12.622000)

updates: Jobless claims rise to highest level in 10 months

Version 1.89 (2024-06-14 08:56:47.487000)

updates: Jobless claims rise to highest level in 10 months

Version 1.88 (2024-06-14 06:57:23.396000)

updates: Jobless claims rise to highest level in 10 months

Version 1.87 (2024-06-13 16:53:29.487000)

updates: Add new information about the spike in jobless claims to 242,000

Version 1.86 (2024-06-13 14:56:58.867000)

updates: Updates on jobless claims and labor market

Version 1.85 (2024-06-13 14:54:15.428000)

updates: The number of Americans filing for jobless benefits unexpectedly spiked to a 10-month high

Version 1.84 (2024-06-13 14:53:45.435000)

updates: New information about an unexpected spike in jobless claims

Version 1.83 (2024-06-13 09:52:58.346000)

updates: Conflicting signals from employer and household surveys

Version 1.82 (2024-06-12 07:53:59.537000)

updates: The US economy is slowing with persistent inflation

Version 1.81 (2024-06-11 19:53:23.625000)

updates: New information about the latest jobs report from the Department of Labor

Version 1.8 (2024-06-11 00:55:04.378000)

updates: Conflicting signals in May jobs report leave experts divided on state of US economy

Version 1.79 (2024-06-10 16:53:10.190000)

updates: US economy adds 272,000 jobs in May, unemployment rate at 4%

Version 1.78 (2024-06-10 15:57:58.208000)

updates: The May jobs report showed stronger-than-expected job growth and wage increases, diminishing the likelihood of rate cuts by the Federal Reserve. Market sentiment regarding rate cuts has shifted, with interest-rate swaps indicating diminished expectations for rate reductions. Small-business owners are concerned about potential rate hikes and stagflation. The release of the jobs data triggered a sell-off in U.S. government debt, leading to an increase in Treasury yields.

Version 1.77 (2024-06-10 12:56:09.193000)

updates: US economy adds 272,000 jobs in May, diminishing chance of rate cuts

Version 1.76 (2024-06-10 08:00:31.985000)

updates: The May jobs report showed stronger-than-expected labor market data, raising doubts about rate cuts by the Federal Reserve. Market sentiment shifted, with diminished expectations for rate reductions and concerns about potential rate hikes and stagflation. The unexpected strength of the labor market has led to a reassessment of the outlook for the economy and monetary policy.

Version 1.75 (2024-06-10 06:58:08.578000)

updates: New information on market expectations for rate cuts and doubts about Fed rate cuts this year

Version 1.74 (2024-06-09 23:57:23.036000)

updates: US labor market stronger than expected, raises doubts about rate cuts

Version 1.73 (2024-06-09 20:55:23.151000)

updates: Inflation data to impact interest rate cut expectations

Version 1.72 (2024-06-08 13:57:07.337000)

updates: The release of the May jobs report led to doubts about rate cuts and caused stock markets to react cautiously.

Version 1.71 (2024-06-08 06:58:22.026000)

updates: Integration of additional details from EMEA Tribune

Version 1.7 (2024-06-08 06:58:04.449000)

updates: US stocks fall after May's jobs report

Version 1.69 (2024-06-08 04:56:23.194000)

updates: Revised rate cut predictions, potential economic slowdown, reassessment of economic forecasts

Version 1.68 (2024-06-08 00:54:45.767000)

updates: Integration of analysis on labor market resilience and global policy rate divergence

Version 1.67 (2024-06-07 23:53:10.117000)

updates: The latest jobs report suggests no rate cut in July

Version 1.66 (2024-06-07 20:54:49.378000)

updates: US job report surpasses expectations, unlikely to prompt immediate rate cut

Version 1.65 (2024-06-07 15:56:54.110000)

updates: Citi shifts forecast, predicts rate cut in September instead of July

Version 1.64 (2024-06-06 02:54:50.032000)

updates: The Federal Reserve's plan to cut interest rates this year is still uncertain, with a risk of no rate cuts at all. Goldman Sachs economists have revised their projection for a Federal Reserve rate cut from July to September 2024 based on the latest data. The delay in the rate cut could indicate that the economy is performing better than expected or that the Fed is waiting for clearer signs of progress before reducing rates.

Version 1.63 (2024-06-05 23:55:16.068000)

updates: Experts predict significant interest rate cuts by 2026

Version 1.62 (2024-06-05 20:52:59.547000)

updates: Uncertainty regarding the number of rate cuts by the Fed

Version 1.61 (2024-05-27 09:00:15.823000)

updates: CME Fedwatch indicates possibility of rate hike

Version 1.6 (2024-05-25 02:53:35.798000)

updates: The Federal Reserve remains cautious as financial markets react to the more hawkish tone in the recent FOMC meeting minutes.

Version 1.59 (2024-05-24 10:54:30.772000)

updates: UBS analysts remain confident in rate cuts despite hawkish FOMC minutes

Version 1.58 (2024-05-23 06:58:58.987000)

updates: Updated information on Federal Reserve officials' stance on rate cuts and concerns over inflation

Version 1.57 (2024-05-23 04:55:35.646000)

updates: Minutes of the Federal Reserve's May 1 meeting released, concerns about inflation persistence and US economy's resilience highlighted

Version 1.56 (2024-05-23 03:54:25.095000)

updates: Expert opinion on the need for multiple months of falling inflation trajectory before considering rate cuts

Version 1.55 (2024-05-23 02:52:19.519000)

updates: New information on officials rallying around higher-for-longer rates

Version 1.54 (2024-05-22 23:53:58.135000)

updates: Federal Reserve officials express concerns over rising inflation

Version 1.53 (2024-05-22 21:53:12.952000)

updates: Minutes reveal concerns about rising inflation and potential rate cuts

Version 1.52 (2024-05-22 19:52:54.960000)

updates: The minutes of the most recent rate-setting meeting of the Federal Reserve reveal growing concerns about rising inflation among policymakers

Version 1.51 (2024-05-22 18:55:14.300000)

updates: Federal Reserve officials remain divided on the appropriate path of monetary policy as the US economy continues to show strength

Version 1.5 (2024-05-22 18:53:53.689000)

updates: Federal Reserve officials divided on timing of rate cut

Version 1.49 (2024-05-22 02:54:16.183000)

updates: Federal Reserve officials urge patience on timing of initial rate cut

Version 1.48 (2024-05-21 19:57:23.509000)

updates: Analysis of the US economy and the impact of unemployment on rate cuts

Version 1.47 (2024-05-20 19:55:33.864000)

updates: Mester retreats from expectation of immediate rate cuts

Version 1.46 (2024-05-16 19:56:47.032000)

updates: Citi Global head of investment solutions Kristen Bitterly argues economic data is showing signs the U.S. economy is slowing down

Version 1.45 (2024-04-18 06:18:29.756000)

updates: Mester retreats from expectation of rate cuts

Version 1.44 (2024-04-18 03:19:37.446000)

updates: Mester retreats from expectation of rate cuts

Version 1.43 (2024-04-18 01:19:41.348000)

updates: Loretta Mester emphasizes the need for the Fed to be patient with policy

Version 1.42 (2024-04-17 23:19:07.291000)

updates: Cleveland Fed President Loretta Mester calls for more data before taking any action on rates

Version 1.41 (2024-04-17 23:18:46.156000)

updates: Cleveland Fed President Loretta Mester retreats from her previous expectation of rate cuts later this year, emphasizes the need for more certainty about inflation before reducing borrowing costs. Other officials express caution about cutting rates due to potential upside risks to inflation. San Francisco Fed President Mary Daly sees no urgency to reduce rates, cites strong economic growth and a tight labor market. Richmond Fed President Thomas Barkin emphasizes the importance of taking time to assess the economic outlook. Minneapolis Fed President Neel Kashkari argues the need to cut rates at all this year if inflation continues to be sustained. Kansas City Fed President Jeffrey Schmid favors a 'patient' approach, waiting for clear evidence of sustainable inflation before lowering rates. Larry Summers warns about avoiding a 'large and egregious error' in monetary policy, suggests leaving interest rates where they are based on the latest inflation data.

Version 1.4 (2024-04-16 05:19:07.958000)

updates: San Francisco Fed President Mary Daly's views on interest rates

Version 1.39 (2024-04-16 02:18:14.814000)

updates: San Francisco Fed President Mary Daly's views on interest rates

Version 1.38 (2024-04-16 01:18:21.323000)

updates: San Francisco Fed President Mary Daly's views on interest rates

Version 1.37 (2024-04-13 12:18:08.359000)

updates: Larry Summers warns about avoiding a ‘large and egregious error’ in monetary policy

Version 1.36 (2024-04-13 01:19:02.938000)

updates: Updated information on rate cut expectations and views of various Fed officials

Version 1.35 (2024-04-12 19:19:14.251000)

updates: Kansas City Fed President Jeffrey Schmid rejects preemptive rate cuts and favors a 'patient' approach

Version 1.34 (2024-04-12 18:22:51.728000)

updates: Kansas City Fed President Jeff Schmid prefers to hold interest rates steady until there is 'convincing' evidence inflation is dropping. Inflation has been running above the Fed's 2% target and has been roughly 4% since the first quarter. Schmid wants clear and convincing evidence that inflation is on track to hit the 2% target before adjusting the stance of policy. Other members of the Fed, such as New York Fed President John Williams and Boston Fed President Susan Collins, still believe inflation will drop and expect to cut rates later this year. Traders are now eyeing September as the first rate cut.

Version 1.33 (2024-04-12 18:21:44.018000)

updates: Kansas City Fed President Jeffrey Schmid rejects preemptive rate cuts and favors a 'patient' approach.

Version 1.32 (2024-04-12 18:19:45.207000)

updates: Kansas City Fed President Jeffrey Schmid's perspective on monetary policy

Version 1.31 (2024-04-12 09:18:15.761000)

updates: Skepticism surrounding possibility of Fed rate cuts

Version 1.3 (2024-04-11 19:21:24.431000)

updates: New information about the possibility of a rate hike and the impact of the CPI report on rate cut expectations

Version 1.29 (2024-04-11 18:18:11.923000)

updates: Mixed signals in the US economy raise uncertainty about a recession and timing of rate cuts

Version 1.28 (2024-04-11 13:20:13.006000)

updates: Inclusion of ECB's Williams' comments on the uncertain outlook and the need for data dependence

Version 1.27 (2024-04-10 11:18:50.209000)

updates: Bridgewater's Prince challenges Fed's rate-cut plans

Version 1.26 (2024-04-09 01:18:51.549000)

updates: Additional information on Neel Kashkari's stance on inflation and rate cuts

Version 1.25 (2024-04-07 18:18:48.388000)

updates: Fed Governor Bowman warns of potential future rate hikes due to high inflation

Version 1.24 (2024-04-06 03:20:23.358000)

updates: The caution expressed by Fed officials due to 'upside' inflation risks

Version 1.23 (2024-04-06 02:19:13.165000)

updates: Fed officials cautious about rate cuts due to inflation risks

Version 1.22 (2024-04-04 21:18:43.670000)

updates: Inclusion of Neel Kashkari's views on rate cuts

Version 1.21 (2024-04-04 17:18:59.273000)

updates: Richmond Fed President Thomas Barkin's views on rate cuts and inflation

Version 1.2 (2024-04-04 16:22:05.533000)

updates: Inclusion of Richmond Fed President Thomas Barkin's views on rate cuts and 'less encouraging' inflation data

Version 1.19 (2024-04-03 12:18:35.968000)

updates: Federal Reserve officials divided on rate cuts as US economy shows strength

Version 1.18 (2024-04-03 06:18:02.025000)

updates: Cleveland Fed President Loretta Mester expresses anticipation of rate cuts later this year

Version 1.17 (2024-04-02 19:18:08.210000)

updates: Cleveland Fed President Loretta Mester raises her long-term rate outlook on strong US economy

Version 1.16 (2024-04-02 18:22:37.170000)

updates: Inclusion of San Francisco Fed President Mary Daly's views on interest rates

Version 1.15 (2024-04-02 18:20:39.289000)

updates: Cleveland Fed president raises prediction for r-star

Version 1.14 (2024-04-02 16:19:03.917000)

updates: Incorporated the views of Cleveland Fed President Loretta Mester

Version 1.13 (2024-04-02 00:22:20.431000)

updates: Incorporated expert opinion on labor market and migrant workers

Version 1.12 (2024-03-07 15:18:38.856000)

updates: Bowman reiterates that U.S. economy is not ready for rate cuts

Version 1.11 (2024-01-09 10:17:06.092000)

updates: Fed Governor Michelle Bowman adjusts hawkish stance, signals end to rate hikes

Version 1.1 (2024-01-09 06:22:04.268000)

updates: Fed Governor Michelle Bowman supports a prolonged pause on interest rate hikes

Version 1.09 (2024-01-07 16:16:23.567000)

updates: The Bank of Israel has no plans to further lower the interest rate in 2024. The Bank's forecast places the interest rate at 3.75%-4.00% at the end of 2024. The decision to lower the interest rate was motivated by the stabilization of local markets and a decrease in the inflation environment. The report also maintains a growth forecast of 2% for 2024 and notes a partial recovery in credit card purchases in November 2023. The report suggests that the Federal Reserve may signal the initiation of interest rate decreases in the upcoming March decision. Professor Dan Ben-David cautions against unrestrained government spending and emphasizes the potential risk of initiating an inflationary spiral.

Version 1.08 (2024-01-04 00:15:26.598000)

updates: The US Federal Reserve has signaled the end of interest rate hikes and anticipates rate cuts in 2024. Fed officials expect three quarter-point rate cuts in 2024. The Fed's decision is driven by falling inflation and major progress on inflation without harming the economy or the job market. Federal Reserve official Patrick Harker stated that there is no need to raise interest rates anymore. Philadelphia Federal Reserve President Patrick Harker is against further rate hikes but not yet ready to recommend rate cuts.

Version 1.07 (2023-12-29 19:01:26.717000)

updates: The US Federal Reserve has announced its last interest rate decision for 2023, choosing to keep rates on hold at 5.25% to 5.5%. The Fed's policymakers expect to make three quarter-point cuts to their benchmark interest rate in 2024, fewer than what financial markets and some economists had anticipated. The Fed's quarterly economic projections show that officials expect a 'soft landing' for the economy, with inflation declining towards the central bank's 2% target. Atlanta Federal Reserve President Raphael Bostic stated that there is no current 'urgency' for the Federal Reserve to reduce U.S. interest rates. Not a single policymaker is expecting more interest rate hikes for 2024. In fact, 17 out of 19 Fed officials expect at least one rate cut next year. Federal Reserve official Patrick Harker stated that there is no need to raise interest rates anymore. Interest rates, currently between 5.25% to 5.5%, are expected to be cut by at least six quarter-point rate cuts throughout 2024, bringing them to between 3.75% and 4%. Philadelphia Federal Reserve President Patrick Harker is against further rate hikes but not yet ready to recommend rate cuts.

Version 1.06 (2023-12-29 16:00:24.782000)

updates: Updated information on interest rate cuts in 2024

Version 1.05 (2023-12-20 18:02:56.068000)

updates: Federal Reserve official Patrick Harker's comments on interest rates

Version 1.04 (2023-12-20 05:59:10.905000)

updates: US Federal Reserve signals end to interest rate hikes, anticipates rate cuts in 2024

Version 1.03 (2023-12-19 21:01:01.220000)

updates: Atlanta Fed President Raphael Bostic's view on cutting rates

Version 1.02 (2023-12-19 20:01:44.842000)

updates: Atlanta Federal Reserve President Raphael Bostic's comments on rate cuts

Version 1.01 (2023-12-17 15:01:21.857000)

updates: The US Federal Reserve has decided to keep its key interest rate unchanged for the third consecutive time, indicating that it may be done raising rates after a series of increases. The Fed's policymakers expect to make three quarter-point cuts to their benchmark interest rate in 2024, fewer than what financial markets and some economists had anticipated. The Fed acknowledged progress in its fight against inflation but stated that inflation remains elevated. The central bank is considering whether any additional rate hikes are needed. The Fed's benchmark rate is currently at 5.4%, its highest level in 22 years. The Fed's quarterly economic projections show that officials expect a 'soft landing' for the economy, with inflation declining towards the central bank's 2% target. The decision to keep rates steady reflects the central bank's concern about a potential resurgence in price pressures. The impact of the Fed's actions on inflation and the economy remains to be seen. Inflation has fallen significantly but remained steady at 3.7% in September. The US economy has been handling higher borrowing costs better than expected, with strong spending by households driving growth in the third quarter. However, economists anticipate a slowdown in growth in the current quarter due to Americans' diminishing savings and rising mortgage interest rates. Federal Reserve Chairman Jerome Powell has highlighted rising risks to the economy due to geopolitical tensions and stated that the Fed will continue to be cautious with its monetary policy. The Fed's last interest rate meeting of the year is scheduled for December, where further interest rate increases may be considered. Oil-rich sovereign wealth funds, such as the Abu Dhabi Investment Authority and the Qatar Investment Authority, continue to allocate as if the U.S. economy was chugging along. Wall Street expects rate cuts in 2024, with the first interest rate cut predicted to come in March. The Bank of England also decided to hold interest rates at 5.25%, a 15-year high. The European Central Bank (ECB) left its three key rates at 4%. Central bankers aim to keep interest rates below the rate of inflation to reduce government debt. Global sovereign wealth funds and public pension investors are keeping cash ready to deploy when the signal is clearer. The Federal Reserve announced that it will hold interest rates steady at a 22-year high for the third consecutive meeting. The Fed has raised rates 11 times since March 2022 to combat high inflation. Fed officials expect inflation to cool next year at a slightly faster pace than previously estimated. Some economists believe the final mile of the Fed's inflation fight will be the most difficult. Wall Street predicts that the first rate cut could come in March. The central bank's decision likely means the end of rate hikes this cycle. Fed Chair Jerome Powell stated that officials are already discussing rate cuts, but no one is declaring victory yet. The Fed's latest estimates show that officials expect three quarter-point rate cuts in 2024. The US economy remains in good shape, with solid job market and positive economic growth. However, the economy's resilience will be tested in 2024. Treasury Secretary Janet Yellen believes the baseline of the economy is very good and risks are not outsized. Vanguard predicts a combination of below-trend growth, rising unemployment, and slowing wage growth in the year ahead. The Fed could cut rates if inflation slips below 2%. The Fed's decision is seen as a positive move by the market, and stocks rallied despite the possibility of more rate increases. The Fed's decision also bodes well for America's frozen housing market hamstrung by high mortgage rates and weak demand. The US Federal Reserve's decision to hold its key lending rate on Wednesday and pencil in three interest rate cuts next year has fueled optimism that its inflation battle is won. In March 2022, the Fed began aggressively hiking interest rates to control rising prices. Over the next 18 months, policymakers successfully cooled consumer inflation from a 40-year high of 9.1 percent last year to just over 3.1 percent in November 2023. Despite the good news, the Fed's favored inflation gauge remains stuck stubbornly above its long-run target of two percent. The Fed voted to hold interest rates steady for a third straight meeting and predicted 0.75 percent points of interest rate cuts in the year ahead. The financial markets are pricing in as many as six cuts next year, reflecting optimism that the US economy has turned the corner on inflation. The major risk facing the Fed is that inflation returns due to an external shock, such as an escalation of the wars in Ukraine or Gaza.

Version 1.0 (2023-12-17 05:00:27.995000)

updates: Updated information on the US Federal Reserve's decision to hold interest rates steady and signal rate cuts in 2024

Version 0.99 (2023-12-17 03:00:32.202000)

updates: The Federal Reserve signals 3 rate cuts in 2024

Version 0.98 (2023-12-16 14:07:41.925000)

updates: The Federal Reserve signals 3 rate cuts in 2024

Version 0.97 (2023-12-16 01:24:57.040000)

updates: Updated information on the Federal Reserve's decision to hold interest rates steady and prospects of rate cuts

Version 0.96 (2023-12-14 20:54:31.301000)

updates: Inclusion of information about sovereign wealth funds and central banks

Version 0.95 (2023-12-14 19:04:32.116000)

updates: Federal Reserve's decision to maintain interest rates

Version 0.94 (2023-12-14 15:02:48.044000)

updates: The US Federal Reserve's decision to maintain interest rates amidst economic growth and inflation concerns

Version 0.93 (2023-12-14 12:12:29.928000)

updates: Industry reactions to Powell's dovish tone

Version 0.92 (2023-12-14 10:56:09.691000)

updates: The US Federal Reserve's decision to keep interest rates unchanged for the third consecutive meeting

Version 0.91 (2023-12-14 10:09:58.087000)

updates: The Federal Reserve expects to make three quarter-point cuts to their benchmark interest rate in 2024

Version 0.9 (2023-12-14 05:19:57.994000)

updates: Incorporated additional details on the US economy's growth and inflation projections

Version 0.89 (2023-12-14 05:11:08.523000)

updates: The US Federal Reserve has decided to keep interest rates unchanged at 5.25-5.5% as inflation continues to cool. The Federal Open Market Committee (FOMC) stated that recent indicators suggest a slowdown in economic activity, although job gains remain strong and the unemployment rate is low. Inflation has eased over the past year but remains elevated. Fed Chair Jerome Powell stated that progress is being made in controlling inflation but cautioned against premature declarations of victory. The Fed's quarterly summary of economic projections indicates a projected rise in the median unemployment rate from 3.8% to 4.1% by the end of next year. The central bank expects GDP growth to cool, with a median projection of 1.4% for next year.

Version 0.88 (2023-12-14 03:03:23.819000)

updates: US Federal Reserve keeps key interest rate unchanged, foresees 3 rate cuts in 2024

Version 0.87 (2023-12-14 03:01:42.909000)

updates: US Federal Reserve's decision to keep rates unchanged, foresees 3 rate cuts in 2024

Version 0.86 (2023-12-13 20:04:48.107000)

updates: US Federal Reserve and UAE central bank maintain key interest rates unchanged

Version 0.85 (2023-12-13 20:02:40.973000)

updates: The Fed releases quarterly longer-run projections for interest rates, with a slight shift in 2024 and 2025 forecasts. Market pricing in rate cuts for 2024.

Version 0.84 (2023-12-13 20:01:34.425000)

updates: Federal Reserve maintains interest rates unchanged for third consecutive meeting

Version 0.83 (2023-12-13 19:59:53.533000)

updates: Federal Reserve signals end to rate hike campaign

Version 0.82 (2023-12-13 19:58:54.019000)

updates: The Federal Reserve hints at rate cuts in 2024

Version 0.81 (2023-12-13 19:58:00.490000)

updates: Federal Reserve plans multiple rate cuts in 2024

Version 0.8 (2023-12-13 19:56:48.155000)

updates: Federal Reserve foresees rate cuts next year

Version 0.79 (2023-12-13 19:54:06.703000)

updates: Federal Reserve foresees 3 rate cuts next year

Version 0.78 (2023-12-13 17:57:32.231000)

updates: Integration of information about the Federal Reserve's ability to control interest rates

Version 0.77 (2023-12-13 15:04:14.589000)

updates: The US Federal Reserve is expected to hold its key lending rate at a 22-year high and signal two rate cuts next year. The Fed's decision will kick off a series of central bank announcements this week. The Fed's decision will be closely watched for clues on future rate cuts and economic forecasts. The European Central Bank (ECB) has indicated that it is likely done hiking interest rates. The Fed's decision will be followed by rate decisions from the ECB and the Bank of England.

Version 0.76 (2023-12-13 11:11:09.579000)

updates: The Federal Reserve is expected to keep rates on hold. The decision reflects a cautious approach to rate hikes and concerns about potential price pressures. The timing of rate cuts will depend on the health of the economy and inflation levels. The US economy is heading towards a 'soft landing' with slowing inflation and stable unemployment. The Fed's decision will be followed by rate decisions from the European Central Bank and the Bank of England.

Version 0.75 (2023-12-13 11:07:31.404000)

updates: Incorporated information about the Fed's decision to maintain rates amid cooling inflation

Version 0.74 (2023-12-13 09:18:34.192000)

updates: US Federal Reserve maintains key lending rate

Version 0.73 (2023-12-13 07:11:01.420000)

updates: US Federal Reserve is expected to keep rates steady

Version 0.72 (2023-12-13 05:09:46.352000)

updates: The US Federal Reserve is expected to keep its key lending rate at a 22-year high in a series of crucial central bank decisions this week. While a pause in rate hikes is likely, attention is on the language of the Fed's decision, economic forecasts, and the post-meeting press conference by Fed Chair Jerome Powell. The Fed's dual mandate to lower inflation and tackle unemployment has kept the threat of another rate hike alive. Despite aggressive monetary tightening, the US economy grew at an annualized rate of 5.2% in Q3. The Fed's decision will be followed by rate decisions from the European Central Bank and the Bank of England.

Version 0.71 (2023-12-13 04:26:53.279000)

updates: US Federal Reserve expected to maintain key lending rate

Version 0.7 (2023-12-13 03:10:31.517000)

updates: The US Federal Reserve has begun a two-day interest rate meeting, with expectations that rates will be held steady for a third consecutive meeting. Fed Chair Jerome Powell has stated that it would be premature to conclude that a sufficiently restrictive stance has been achieved or to speculate on when policy might ease. The Fed's threat of another rate hike contrasts with other central banks, such as the European Central Bank, which have expressed support for an end to rate hikes due to a decline in inflation. Traders and analysts are debating when the central bank will start cutting interest rates and how quickly it will do so. The outcome of the meeting will impact stock markets and expectations of future interest rate cuts. Recent inflation data in the US showed a slight decrease in consumer inflation in November. Futures traders have assigned a probability of over 98 percent that the Fed will maintain rates at its next decision.

Version 0.69 (2023-12-12 17:09:43.417000)

updates: The US Federal Reserve has begun a two-day interest rate meeting, with expectations that rates will be held steady for a third consecutive meeting. Fed Chair Jerome Powell has stated that it would be premature to conclude that a sufficiently restrictive stance has been achieved or to speculate on when policy might ease. The Fed's threat of another rate hike contrasts with other central banks, such as the European Central Bank, which have expressed support for an end to rate hikes due to a decline in inflation. Traders and analysts are debating when the central bank will start cutting interest rates and how quickly it will do so. The outcome of the meeting will impact stock markets and expectations of future interest rate cuts. Recent inflation data in the US showed a slight decrease in consumer inflation in November. Futures traders have assigned a probability of over 98 percent that the Fed will maintain rates at its next decision.

Version 0.68 (2023-12-11 22:46:01.983000)

updates: Speculation about rate cuts, Fed's concern about price pressures

Version 0.67 (2023-12-11 19:43:34.722000)

updates: Speculation about eventual rate cuts is rising

Version 0.66 (2023-12-11 15:40:24.129000)

updates: The US Federal Reserve is expected to leave interest rates unchanged at its upcoming meeting, signaling a cautious approach to prematurely reversing course on rate hikes. The decision to keep rates steady reflects the central bank's concern about a potential resurgence in price pressures. The Fed is likely to maintain a tightening bias and keep rates firm for a while. The impact of the Fed's actions on inflation and the economy remains to be seen.

Version 0.65 (2023-12-11 15:03:29.040000)

updates: The US Federal Reserve has decided to keep its key interest rate unchanged at its upcoming meeting, despite speculation about potential rate cuts next year. Fed Chair Jerome Powell has downplayed the idea of rate reductions, stating that it would be premature to conclude that the Fed has raised rates high enough to fully defeat inflation. However, the Fed's decision to keep rates unchanged for the third consecutive time suggests that rate hikes are likely over. The economy is heading in the desired direction, with inflation slowing and job openings declining. Economists believe that the economy is on track for a 'soft landing,' where inflation reaches the Fed's 2% target without causing a recession. While there is some risk of a recession, many analysts expect the next move by the Fed to be a rate cut. The timing of rate cuts will depend on the health of the economy, and any reductions in response to lower inflation may take longer than expected. The Fed's quarterly economic projections are expected to include a forecast of where policymakers think the key rate will be at the end of 2024, with some economists predicting only two rate cuts to be penciled in. Traders and analysts are now debating when the central bank will start cutting interest rates and how rapidly it will do so. The Fed has a dual mandate to lower inflation to its long-term target of two percent while also addressing unemployment. The latest consumer price index showed an annual inflation rate of 3.2 percent, down from a pandemic-era peak of 9.1 percent. President Joe Biden hopes the Fed will meet its dual mandate without plunging the economy into a recession. Traders have assigned a probability of over 98 percent that the Fed will maintain its current interest rate at its next rate decision. Economists predict interest rate cuts of 1.75 percentage points in 2024, higher than the Fed's recent forecast of just half a percentage point of cuts. The US central bank will also publish a quarterly update to its summary of economic projections this week. Economists predict that the US Federal Reserve will maintain interest rates at their current 22-year high until at least July. This is due to concerns about rising inflation and the potential impact on the economy. The Federal Reserve has been gradually raising rates to prevent the economy from overheating, but economists believe that further increases could be put on hold. The decision to keep rates steady reflects the cautious approach of the central bank in response to inflationary pressures. The Fed's next policy meeting is scheduled for June, and economists expect that the central bank will maintain its current stance until then. The US Federal Reserve is expected to keep interest rates steady after its two-day policy meeting on December 13. Despite cooling inflation and a resilient labor market, the Fed is unlikely to cut rates as inflation remains above the 2% target and recent job growth data shows strength. The Fed's commitment to maintaining high interest rates is expected to persist, with no plans for a reduction. The decision is unlikely to have significant repercussions in the Indian stock market. The Fed's intent to sustain its current short-term interest rate may signal the conclusion of its rate-hiking campaign is on the horizon.

Version 0.64 (2023-12-11 12:02:22.689000)

updates: The US Federal Reserve is expected to keep interest rates unchanged at its upcoming meeting, despite speculation about potential rate cuts next year. Fed Chair Jerome Powell has downplayed the idea of rate reductions, stating that it would be premature to conclude that the Fed has raised rates high enough to fully defeat inflation. However, the Fed's decision to keep rates unchanged for the third consecutive time suggests that rate hikes are likely over. The economy is heading in the desired direction, with inflation slowing and job openings declining. Economists believe that the economy is on track for a 'soft landing,' where inflation reaches the Fed's 2% target without causing a recession. While there is some risk of a recession, many analysts expect the next move by the Fed to be a rate cut. The timing of rate cuts will depend on the health of the economy, and any reductions in response to lower inflation may take longer than expected. The Fed's quarterly economic projections are expected to include a forecast of where policymakers think the key rate will be at the end of 2024, with some economists predicting only two rate cuts to be penciled in.

Version 0.63 (2023-12-11 09:54:13.343000)

updates: Updated information on the US Federal Reserve's expected decision on interest rates

Version 0.62 (2023-12-10 23:51:24.323000)

updates: Economists predict that the US Federal Reserve will maintain interest rates at their current 22-year high until at least July

Version 0.61 (2023-12-10 17:55:22.303000)

updates: Updated information on inflation rate and rate cut predictions

Version 0.6 (2023-12-10 14:07:22.736000)

updates: Updated information on the US Federal Reserve's expected decision and inflation rate

Version 0.59 (2023-12-10 07:59:59.139000)

updates: The US Federal Reserve is expected to hold interest rates at a 22-year high for a third consecutive meeting as it continues to combat elevated inflation. The latest consumer price index (CPI) showed an annual inflation rate of 3.2 percent, down from a pandemic-era peak of 9.1 percent. Traders and analysts are now discussing when the central bank will start cutting interest rates and how rapidly it will do so.

Version 0.58 (2023-12-10 04:52:00.822000)

updates: The US Federal Reserve is prepared to hike interest rates further to bring inflation down. US consumer inflation cooled more than expected last month, providing welcome news for policymakers. A key inflation measure used by the Fed eased further amid declining energy and goods prices.

Version 0.57 (2023-12-09 03:50:59.671000)

updates: Integration of additional information about market expectations and the Fed's concerns

Version 0.56 (2023-12-08 08:34:58.745000)

updates: Fed expected to hold rates, push back on rate cuts

Version 0.55 (2023-12-06 12:31:37.825000)

updates: Inclusion of economists' predictions on the Fed's hawkish stance

Version 0.54 (2023-12-06 01:27:28.035000)

updates: PNC CEO's perspective on interest rates

Version 0.53 (2023-12-04 14:52:32.888000)

updates: Fed officials indicate rate hikes likely over, but remain cautious

Version 0.52 (2023-11-30 23:41:36.867000)

updates: Added information about Fed officials' caution regarding market expectations

Version 0.51 (2023-11-30 14:53:10.823000)

updates: Inclusion of comments from John Williams on the Fed's policy stance

Version 0.5 (2023-11-30 07:37:00.076000)

updates: Provides more details on the Fed's stance on interest rates and the possibility of rate cuts

Version 0.49 (2023-11-30 05:37:42.318000)

updates: The Federal Reserve is not yet ready to discuss rate cuts

Version 0.48 (2023-11-28 17:39:40.463000)

updates: The US Federal Reserve maintains a restrictive stance on interest rates based on FOMC minutes

Version 0.47 (2023-11-27 01:34:59.278000)

updates: The US Federal Reserve's rate-setting committee has unanimously agreed to keep interest rates high 'for some time' in order to tackle inflation, according to minutes of a recent meeting.

Version 0.46 (2023-11-26 08:39:39.666000)

updates: Fed minutes show concern about inflation, no hint of rate cut

Version 0.45 (2023-11-23 07:18:15.865000)

updates: The minutes of the Federal Reserve's November meeting, set to be released today, are expected to provide insight into the future direction of monetary policy. Recent weak U.S. economic data have shifted market expectations, with traders now believing that the Fed's rate-hike cycle has ended. Analysts suggest that the release of the meeting minutes may not have a substantial impact on the market due to the softness in economic indicators. However, some argue that the Fed may include hawkish comments about the recent relaxation in financial conditions. The minutes may shed light on the Fed's attitude towards financial conditions and policymakers' stance on inflation.

Version 0.44 (2023-11-22 12:03:00.290000)

updates: Fed shifts into cautious policy mode as risks become more two-sided

Version 0.43 (2023-11-22 04:03:12.053000)

updates: The minutes of the latest review meeting indicate that further tightening of monetary policy would be appropriate if incoming information indicates insufficient progress towards the inflation objective. The minutes also discussed the economic outlook, noting that fourth-quarter GDP growth is likely to slow, and there may be a period of below-potential growth in real GDP and softening in labor market conditions to reduce inflation pressures.

Version 0.42 (2023-11-22 03:59:38.341000)

updates: The minutes of the U.S. Federal Reserve's October-November policy meeting revealed a shift in the Fed's stance, with support for more rate hikes dissipating and a focus on maintaining the current rate setting. The minutes highlighted the conflicting economic signals that have made risks to the economy more two-sided, with concerns about rekindled inflation and the potential damage of clamping down on credit too far. The minutes had little impact on financial markets, affirming the view that the Fed is done raising rates for now.

Version 0.41 (2023-11-22 01:57:48.737000)

updates: Incorporated details from the minutes of the November policy meeting

Version 0.4 (2023-11-21 21:58:56.811000)

updates: The Federal Reserve did not signal rate cuts at the policy meeting

Version 0.39 (2023-11-21 15:06:40.277000)

updates: Incorporated insights from the FOMC minutes on the Fed's cautious approach to interest rates

Version 0.38 (2023-11-21 12:12:43.006000)

updates: Added details about recent economic data, San Francisco Fed President's comments, and expectations for the Fed's policy meeting. Included information about weak US inflation data and market uncertainty. Mentioned the Federal Reserve's decision to keep interest rates unchanged and expectations for the minutes of the October meeting. Added information about the potential impact of the minutes on financial markets.

Version 0.37 (2023-11-21 11:00:27.378000)

updates: Incorporated information about the Federal Reserve's November meeting minutes

Version 0.36 (2023-11-21 01:02:42.250000)

updates: Incorporated information from the latest news source about the Federal Reserve's decision to keep interest rates unchanged at its October meeting and the expectations for the minutes of the meeting.

Version 0.35 (2023-11-18 23:07:30.102000)

updates: Updated information on the Federal Reserve's interest rate policy and market expectations

Version 0.34 (2023-11-17 22:29:34.243000)

updates: Incorporated information on weak US inflation data and its impact on interest rates

Version 0.33 (2023-11-17 15:00:32.938000)

updates: Added information about San Francisco Fed President Mary Daly's comments on interest-rate policy

Version 0.32 (2023-11-16 13:45:55.876000)

updates: Federal Reserve expected to halt rate hikes

Version 0.31 (2023-11-16 12:43:49.458000)

updates: Updates on Federal Reserve's stance on interest rates and inflation

Version 0.3 (2023-11-15 09:42:45.203000)

updates: Bank of America (BofA) no longer expects rate hikes

Version 0.29 (2023-11-14 21:28:07.563000)

updates: Latest data shows receding inflation in the US

Version 0.28 (2023-11-10 19:28:55.425000)

updates: Restructured and combined multiple sources for a comprehensive narrative

Version 0.27 (2023-11-10 05:28:29.598000)

updates: Restructured and organized the content for clarity and impact

Version 0.26 (2023-11-09 17:34:40.764000)

updates: Restructured and organized the content, enhanced transitions, removed repetition

Version 0.25 (2023-11-09 17:33:34.868000)

updates: Restructured and organized the content for clarity and impact

Version 0.24 (2023-11-09 17:24:31.361000)

updates: Restructured and combined information from multiple sources

Version 0.23 (2023-11-09 16:25:15.016000)

updates: Combined two news stories on the same topic

Version 0.22 (2023-11-05 19:24:58.213000)

updates: Incorporated information about job market and next policy steps

Version 0.21 (2023-10-17 16:47:39.624000)

updates: Rephrased title and story to focus on Barkin's perspective

Version 0.2 (2023-10-12 18:27:31.106000)

updates: Provide a more comprehensive overview of the US Federal Reserve's shift in monetary policy stance and include statements from central bankers

Version 0.19 (2023-10-12 18:27:00.747000)

updates: The forecast extends the projection period to 2026

Version 0.18 (2023-10-12 14:36:45.314000)

updates: The story emphasizes the predictions of Federal Reserve economists regarding economic expansion and low inflation.

Version 0.17 (2023-10-12 10:33:54.500000)

updates: The new narrative incorporates additional information about the US economy, interest rates, inflation, and stock market volatility.

Version 0.16 (2023-10-12 09:32:23.067000)

updates: Added information about the UK economy and global market performance

Version 0.15 (2023-10-12 04:47:37.059000)

updates: Inclusion of comments by Fed official Susan Collins on peak interest rates

Version 0.14 (2023-10-12 04:45:15.219000)

updates: Incorporated recent inflation data and forecasts

Version 0.13 (2023-10-12 01:30:12.034000)

updates: Incorporated new inflation data and challenges facing consumers and the economy

Version 0.12 (2023-10-12 01:29:08.288000)

updates: Incorporated statement from Federal Reserve Bank of Boston President Susan Collins

Version 0.11 (2023-10-12 00:26:21.663000)

updates: Mixed progress on inflation

Version 0.1 (2023-10-12 00:26:01.571000)

updates: Add information from Inquirer Business article

Version 0.09 (2023-10-11 23:32:33.158000)

updates: The article provides additional insights and perspectives from Federal Reserve officials on interest rates and inflation.

Version 0.08 (2023-10-11 23:25:05.719000)

updates: Includes minutes from September meeting and additional comments from Fed officials

Version 0.07 (2023-10-11 20:28:39.271000)

updates: Incorporated additional information on the US Federal Reserve's data-dependent strategy and the anticipation of a 'soft landing' to address inflation and avoid a recession.

Version 0.06 (2023-10-11 19:26:59.368000)

updates: The story incorporates statements from Federal Reserve officials, including Michelle Bowman, Christopher Waller, and Raphael Bostic, highlighting the challenges of managing inflation and interest rates amid tightening financial markets. It also includes the divergence of views within the Federal Reserve and the potential impact of recent market moves on inflation and the wider banking and financial system.

Version 0.05 (2023-10-11 18:28:15.845000)

updates: Incorporated additional comments from Federal Reserve officials and highlighted the role of financial markets in reducing the need for further tightening

Version 0.04 (2023-10-11 17:30:50.258000)

updates: Introduction of Raphael Bostic's views on interest rate hikes as the economy slows

Version 0.03 (2023-10-11 16:28:47.943000)

updates: Introduction of diverging views within the Federal Reserve on interest rate hikes

Version 0.02 (2023-10-11 16:25:56.962000)

updates: Incorporated comments from Fed's Waller on interest rate hikes

Version 0.01 (2023-10-11 11:42:08.472000)

updates: Added details about Bowman's statements on interest rates and financial stability

Version 0.0 (2023-10-11 09:42:11.032000)

updates: