Central Bank keeps rates steady, approves portfolio cuts in October

  • September 20, 2017
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The U.S. Federal Reserve left interest rates unchanged on Wednesday, but signaled it still expects one more increase by the end of the year despite recent weak inflation readings.

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3 key things to watch from the Fed meeting

  • September 20, 2017
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It will come as no surprise if the Federal Reserve has an announcement to make when its latest policy meeting ends Wednesday: That it’s ready to begin paring its enormous $4.5 trillion portfolio containing Treasurys and mortgage bonds. The Fed expanded its bond holdings — the major assets on its balance sheet — in the

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Fed Meeting to start

  • September 19, 2017
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U.S. central bank is poised to begin a two-day meeting. The Fed could announce plans to begin unwinding its $4.2 trillion portfolio of Treasurys and mortgage-backed securities.

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US housing starts slightly higher

  • September 19, 2017
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U.S. housing starts totaled 1.18 million in July, slightly above the expected 1.175 million. Meanwhile, U.S. import prices posted their biggest gain in seven months.

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Initial Jobless Claims Lower

  • September 14, 2017
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Initial Weekly Jobless Claims 284,000 vs. estimates of 300,000. Continuing Jobless Claims 1.944M vs. estimates of 1.985M.

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August Producer Price Index Holds Firm

  • September 14, 2017
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August Headline CPI YOY 1.9% vs. estimates of 1.8% Core CPI YOY 1.7% vs. estimates of 1.6%. CPI MOM 0.4% vs. estimates of 0.3%. Core CPI 0.2% vs estimates of 0.2%. Inflation is a little higher than expected and a frogs-hair away from 2.0%, which is a slight negative for pricing.

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Bank of England May Hike Rates Within Months

  • September 14, 2017
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BOE Holds Interest Rates Unchanged in 7-2 Vote.  The Bank of England ramped up its hawkish rhetoric Thursday, warning that an interest-rate hike could happen within months if the economy performs as officials expect.

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August Producer Price Index

  • September 13, 2017
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August Producer Price Index MOM 0.2% vs. estimates of 0.3% with Core PPI MOM 0.1% vs. estimates of 0.2%.  The PPI YOY 2.4% vs. estimates of 2.5% with Core PPI YOY 2.0% vs. estimates of 2.1%. This is a smidge lighter than expectations, but Core YOY did move up from July’s reading of 1.8% to August’s reading of

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Breach likely affected all US adults, cyber security expert warns

  • September 11, 2017
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As the number of complaints continue to rise after credit reporting agency Equifax’s massive hack last week, the scale and scope of the breach is troubling cyber security experts who warn nearly every adult in the United States could have been affected.

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American workers labored harder in second quarter, revised productivity figures show

  • September 7, 2017
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The government on Thursday said productivity increased at a 1.5% annual pace in the spring, up from an initial 0.9% estimate. Productivity rises when workers supply more goods and services in the same amount of time. The upward revision stemmed entirely from workers producing more goods and services. Output was revised up to show a

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