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San Francisco Fed President Expects Rate Cuts This Year: 'Policy Adjustments Will Be Necessary'
Tuesday, August 6, 2024 - 9:43am | 394San Francisco Federal Reserve President Mary Daly expects a cut to interest rates at some point this year. "Policy adjustments will be necessary in the coming quarter,” she said during a forum in Hawaii. “How much that needs to be done and when it needs to take place, I think that's...
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Jim Cramer Flags Investor Risks As Speculative Buying Threatens Market Rally: 'Don't Want It To Be An Obituary'
Tuesday, December 12, 2023 - 9:13pm | 640“Mad Money” host Jim Cramer highlighted the potential risk speculative buying poses to the ongoing market rally, warning investors of a potential market downfall. What Happened: Cramer, in his Tuesday night broadcast, unraveled the stages of the current market rally. He warned of the...
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Mohamed El Erian Says Federal Reserve's FOMC Press Conference Could Be Viewed As 'Confused And Confusing'
Wednesday, September 20, 2023 - 9:20pm | 624What Happened: Esteemed economist Mohamed El-Erian aired his apprehension regarding the Federal Reserve’s recent Federal Open Market Committee press conference on Tuesday. El-Erian frets that the economic and policy signals may be perceived as “confused and confusing” by many....
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FOMC Has No Clue Why Growth is Slow
Wednesday, June 22, 2011 - 3:50pm | 552Following Wednesday's Federal Open Market Committee meeting, Federal Reserve Chairman Ben Bernanke held a press conference. During the press conference, Bernanke reiterated the FOMC's view that economic growth was slower than anticipated. When asked why, Bernanke stated that the FOMC had “no...