December 2, 2023
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Jay Powell has sought to push back on speculation that the Federal Reserve had won its fight against inflation, indicating it was too soon to rule out further interest rate rises or to start
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This November, the U.S. observes National Native American Heritage Month. This commemoration celebrates the sovereignty, contributions, and resilience of tribal nations and Native people in the face of a violent, painful, and ongoing history. The enduring effects of colonialism, genocide, and state-sanctioned theft and violence continue to shape the socioeconomic outcomes of Native people. Today,
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Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. Investors are piling into risky assets in the growing belief that the Federal Reserve and other major central banks are close to winning their battle with inflation, fuelling the biggest rally in global stocks since the
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Federal Reserve officials are preparing to leave their historic interest-rate raising campaign on hold next month for the third meeting in a row — but that does not mean they are ready to discuss cuts. Since July the federal funds rate has held steady at a 22-year high of 5.25 per cent to 5.5 per
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This article is an on-site version of our Disrupted Times newsletter. Sign up here to get the newsletter sent straight to your inbox three times a week Today’s top stories Far-right ministers in Israel piled pressure on Benjamin Netanyahu to spurn a broader hostage-for-prisoner release deal with Hamas, even as talks continue in Qatar over
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. German inflation fell more than expected to 2.3 per cent in November, raising questions about whether the European Central Bank may soon need to consider cutting interest rates. The figure — mirroring a similar undershoot
READ MOREby Calculated Risk on 11/29/2023 08:30:00 AM From the BEA: Gross Domestic Product (Second Estimate) Corporate Profits (Preliminary Estimate) Third Quarter 2023 Real gross domestic product (GDP) increased at an annual rate of 5.2 percent in the third quarter of 2023, according to the “second” estimate released by the Bureau of Economic Analysis. In the
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Vietnam will raise its tax rate in effect on multinational companies including Samsung and Intel, in a move that will bring it in line with a global agreement to crack down on corporate tax avoidance
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Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. A top official at the Federal Reserve has sent his strongest signal to date that further monetary tightening from the US central bank may not be needed given clear signs that the economy is
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Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK shop inflation eased to the lowest rate in more than a year in November as competition increased in the run-up to Christmas and food cost growth continued to fall, according to industry data. The
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