Federal Reserve Daly said that if the job market deteriorates, the Federal Reserve will consider cutting interest rates.

Federal Reserve Daly said that if the job market deteriorates, the Federal Reserve will consider cutting interest rates.

Zhitong Finance10minutes ago

Federal Reserve Daly said that there is a difference between “weakening” and “weakening” the labor market: if it weakens, this may be a reason to change policy interest rates; if it weakens, the labor market will resume normal growth. It is true that the

Federal Reserve Daly said that there is a difference between “weakening” and “weakening” the labor market: if it weakens, this may be a reason to change policy interest rates; if it weakens, the labor market will resume normal growth. It is true that the labor market is cooling down, but this is exactly what should have happened.

Zhitong Finance10minutes ago

Federal Reserve Daly: The risks to employment and inflation targets are balanced. The Federal Reserve's policies are restrictive, but reducing inflation may take time.

Federal Reserve Daly: The risks to employment and inflation targets are balanced. The Federal Reserve's policies are restrictive, but reducing inflation may take time.

Zhitong Finance35minutes ago

Federal Reserve Daly: The inflation process will be a bumpy journey. The past three months have brought considerable uncertainty over the next few months of inflation.

Federal Reserve Daly: The inflation process will be a bumpy journey. The past three months have brought considerable uncertainty over the next few months of inflation.

Zhitong Finance44minutes ago

On Thursday, the amount of use of the Federal Reserve's overnight reverse repurchase agreement was US$458.550 billion, compared to US$493.31 billion in the last trading day.

On Thursday, the amount of use of the Federal Reserve's overnight reverse repurchase agreement was US$458.550 billion, compared to US$493.31 billion in the last trading day.

Zhitong Finance01:17

US mortgage interest rates fell back before rising for five consecutive weeks

Interest rates on US mortgages fell for the first time after five weeks of continuous increases. Freddie Mac announced on Thursday that the average interest rate for 30-year fixed-rate mortgages is 7.09%, down from 7.22% last week. Buyers usually get a breather during the busiest trading times of the year. Home loan applications increased in the week ending May 3, according to Mortgage Bankers Association data, indicating that any drop in borrowing costs could trigger an increase in demand. Signs of a cooling labor market have strengthened expectations that the Federal Reserve may cut interest rates for the first time as early as July. Federal Reserve Chairman Jerome Powell did not have any after the most recent interest rate meeting

Zhitong Finance00:45