French PM Bayrou survives no-confidence vote
By Makini Brice, Elizabeth Pineau and Dominique Vidalon PARIS (Reuters) – French Prime Minister Francois Bayrou passed the first test of his new minority government on Thursday as he survived a vote of no-confidence called by the hard left after the
Fed’s Waller: March can’t be completely ruled out for a rate cut
Investing.com — Federal Reserve Governor Christopher Waller said in an interview with CNBC on Thursday that the December inflation data was very good and that if data persists along the same lines, we may see rate cuts in the first half. “If
New York Fed says as of January reserve levels still abundant
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve Bank of New York released data Thursday that suggest it faces no imminent pressure to stop the process of shrinking the size of its balance sheet. The bank said that
Fed’s Waller: Cuts could come sooner than later if disinflation meets expectations
WASHINGTON (Reuters) – Inflation is likely to continue to ease and possibly allow the Federal Reserve to cut rates sooner and faster than expected, Fed governor Chris Waller said Thursday in comments that pushed against recent market moves that anticipated
US business inventories edge up in November
WASHINGTON (Reuters) – U.S. business inventories rose marginally in November, suggesting that restocking will probably not contribute to economic growth in the fourth quarter. Inventories ticked up 0.1% after being unchanged in October, the Commerce Department’s Census Bureau said on Thursday.