By Dietrich Knauth (Reuters) -Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and liquid crypto assets, an increase of more than $800 million since January, the company’s at[...]
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April 12, 2023
Goldman Sachs no longer expects Fed rate hike in June
(Reuters) -Economists at Goldman Sachs no longer expect the U.S. Federal Reserve to raise interest rates in June, according to a research note published on Wednesday following data that showed consume[...]
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Several Fed officials considered rate pause in March, minutes show
By Howard Schneider WASHINGTON (Reuters) -Several Federal Reserve policymakers last month considered pausing interest rate increases after the failure of two regional banks and a forecast from Fed sta[...]
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Dollar drops as inflation cools more than expected
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expected in March, raising expectations that the Fed is likely to stop h[...]
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New vehicle prices fall below sticker price after nearly two years – Kelley Blue Book
(Reuters) – New vehicles’ average transaction price fell below the manufacturer’s suggested retail price (MSRP) for the first time in 20 months, according to data published by automo[...]
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Instant view: Some Fed officials hesitated before hiking -March minutes
NEW YORK (Reuters) – Several Federal Reserve officials at the U.S. central bank’s policy meeting last month considered pausing interest rate increases until it was clear the failure of two[...]
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Argentina cenbank mulls another rate hike to tame 100% inflation – adviser, analysts
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina central bank board have been discussing the idea of another potential interest rate hike from the current 78% level, an adviser to the bank sai[...]
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White House’s Brainard says banks need to show they are managing risks effectively
By David Lawder WASHINGTON (Reuters) – White House economic adviser Lael Brainard said on Wednesday the U.S. banking system is “sound” and stable after two bank failures last month,[...]
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US House panel subpoenas FTC for Twitter probe documents
By Diane Bartz WASHINGTON (Reuters) -The Republican-led U.S. House of Representatives Judiciary Committee has subpoenaed the Federal Trade Commission’s chair for documents related to the regulat[...]
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