Wealth Growth Daily

US

Fed’s Harker: better to pause rate hikes at the right time than risk overtightening

BY Reuters  • November 15, 2022November 15, 2022
(Reuters) – The Federal Reserve should pause its interest rate hikes once its policy rate is at a sufficiently restrictive level to bring inflation on a path back down toward the central bank[...]
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Business Economy US

Oct PPI adds to relief over cooling US inflation

BY Reuters  • November 15, 2022November 15, 2022
NEW YORK (Reuters) – U.S. producer prices increased less than expected in October, further evidence that inflation was starting to subside. The producer price index for final demand rose 0.2% la[...]
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Business Economy US

Fed focused on addressing ‘much too high’ inflation: Cook

BY Reuters  • November 15, 2022November 15, 2022
By Ann Saphir (Reuters) – Federal Reserve Governor Lisa Cook on Tuesday said the U.S. central bank is focused on addressing inflation that is “much too high”, and businesses and elec[...]
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Business Economy US
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