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Delving Into the Disconnect Over the U.S. Economy; Mester Says No Need to Rush Fed Rate Cuts

Delving Into the Disconnect Over the U.S. Economy; Mester Says No Need to Rush Fed Rate Cuts By James Christie

Good day. U.S. consumers are spending briskly, the jobless rate has been below 4%. ....

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News Highlights : Top Global Markets News of the Day - Tuesday at 11 AM ET -February 06, 2024 at 11:16 am EST

Palantir Shares Surge, Earnings Rush Continues

Stock indexes edged higher after the opening bell as fourth-quarter earnings season reached midway

Canada Building Permits Drop 14% in. ....

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Correction to Canada Building Permits Article

The value of building permits in Canada was down 3.2% for all of 2023. Canada Building Permits Drop 14% in December From November, at 8:57 a.m. ET, incorrectly said the decline was 2.3%.

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-February 06, 2024 at 01:52 pm EST
- MarketScreener ....

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News Highlights : Top Global Markets News of the Day - Tuesday at 1 PM ET -February 06, 2024 at 01:16 pm EST

Fed s Mester warns against cutting rates too soon and too quickly

Cutting interest rates too soon would risk some of the progress seen on reducing inflation and might cause interest-rate policy. ....

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