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Treasury Secretary warns of rapid inflation this year

Treasury Secretary warns of rapid inflation this year
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United statesWhite houseDistrict of columbiaJerome powellJanet yellenJimmy carterVicky hartzlerJoe bidenCenter squareFederal reserveSecretary janet yellenFederal reserve chairman jerome powellBill hagertyஒன்றுபட்டது மாநிலங்களில்வெள்ளை வீடுமாவட்டம் ஆஃப் கொலம்பியா

Stocks end a wobbly week lower, breaking 3-week win streak

Stocks end a wobbly week lower, breaking 3-week win streak
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United statesJerome powellStephanie rothJp morgan private bankUs commerce departmentFederal reserveWall streetDow jones industrial averageFederal reserve chairman jerome powellஒன்றுபட்டது மாநிலங்களில்ஜெரோம் போவல்மாற்றாந்தாய் ரோத்ஜ்ப் மோர்கன் ப்ரைவேட் வங்கிஎங்களுக்கு வர்த்தகம் துறைகூட்டாட்சியின் இருப்புசுவர் தெரு

Yellen, Powell Briefed on Housing in Oversight Council Meeting

Yellen, Powell Briefed on Housing in Oversight Council Meeting
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Rostin behnamJerome powellJanet yellenGary genslerJelena mcwilliamsMichaelj hsuCommodity futures trading commissionExchange commissionTreasury departmentFinancial stability oversight councilDeposit insurance corpFederal reserveHousing finance agencySecretary janet yellenFederal reserve chairman jerome powellFederal housing finance agency

News Highlights: Top Global Markets News of the Day

Provided by Dow Jones Stocks Up Slightly After Powell Speaks to Congress U.S. stocks edged higher Wednesday after Federal Reserve Chairman Jerome Powell told members of Congress that inflation will moderate and that the central bank plans to maintain its current monetary policies. Powell Says Fed Still Expects Inflation to Ease Federal Reserve Chairman Jerome Powell said the central bank wouldn t hesitate to raise interest rates to keep inflation under control but repeatedly emphasized he still expects price pressures to ease later this year. Businesses See Above-Average Price Increases, Worry About Lingering Inflation, Fed Beige Book Says The central bank also says the economic recovery further strengthened headed into the summer.

White houseDistrict of columbiaUnited statesJerome powellSenate democratsEuropean unionDow jones company incFederal reserveCompromise withu ae over oil productionStocks up slightly after powell speaksFederal reserve chairman jerome powellSays fed still expects inflationReserve chairman jerome powellAbove average price increasesWorry about lingering inflationFed beige book says

WTI remains pressured towards $72 00, China GDP eyed

7/14/2021 11:14:19 PM GMT | By Anil Panchal WTI stays depressed after posting the heaviest daily losses in over a week. EIA inventories depleted more than expected, US dollar weakened. Covid woes, reflation fears and Saudi-UAE deal weigh on energy prices. Risk catalysts, DXY moves become the key to fresh impulse. WTI oil prices keep the previous day’s downbeat performance, sluggish of late, near $72.30 during the early Asian session on Thursday. The energy benchmark could neither cheer stockpile draw nor weak US dollar as news of a deal between Saudi Arabia and the UAE over production weighed on the black gold. Reuters cites an anonymous source to say UAE will have a higher oil production baseline at 3.65 million barrels per day for future oil deals. The output compromise between Saudi Arabia and the UAE (United Arab Emirates) removes short-term uncertainty over the OPEC+ production moves that recently propelled oil prices. Addi

Saudi arabiaUnited arab emiratesJerome powellJoe bidenOil stocksEnergy information administrationFederal reserveCrude oil stocks changeFederal reserve chairman jerome powellWall streetசவுதி அரேபியாஒன்றுபட்டது அரபு அமீரகங்கள்ஜெரோம் போவல்ஓஹோ பிடென்எண்ணெய் ஸ்டாக்ஸ்கூட்டாட்சியின் இருப்பு