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Fed staff sees a recession as a clear possibility, minutes of May meeting show
The staff of the Federal Reserve reported to the central bank's leadership that the risk of a recession was high, according to the minutes of the Fed's May 6-7 meeting. "The staff viewed the possibility that the economy would enter a recession to be almost as likely as the baseline forecast,
There are signs of slowing in some areas of the economy, but not the kind that would prompt the central bank to quickly cut ...
Fed officials noted, “Uncertainty around the economic outlook has increased. The Committee is attentive to the risks to both ...
Global investors closely track the US Federal Reserve's monetary policy decisions, which have a considerable impact on ...
Stocks barely reacted to the latest minutes from the Federal Open market Committee. The Dow was down 123 points, or 0.3%. The S&P 500 was down 0.1%. The Nasdaq Composite was hovering around breakeven, ...
The Fed minutes helped buoy the 2-year and 10-year Treasury yields, which ended the day at 3.992% and 4.473%, respectively.
Investors will eye a range of data and reports this holiday-shortened week to see how the trade war is affecting the economy, ...
Gold prices increased in the domestic futures market as investors await the US FOMC's May meeting minutes, which may impact ...
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