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Wall Street: heaviness after robust statistics -January 17, 2024 at 11:20 am EST - Vimarsana News

Wall Street: heaviness after robust statistics -January 17, 2024 at 11:20 am EST

Wall Street is showing signs of heaviness on Wednesday, in the wake of robust economic indicators raising fears that the Fed may give up on cutting interest rates too soon.At the very end of the...

Fed's aggressive rate-hiking campaign results in record loss of $114B for 2023 - Vimarsana News

Fed's aggressive rate-hiking campaign results in record loss of $114B for 2023

Fed income after expenses came in at a record $114.3 billion loss last year, versus $58.8 billion in positive income the year before.

Source: nypost.com
Rockefeller Foundation President Rajiv Shah appointed to New York Fed Board of Directors - Vimarsana News

Rockefeller Foundation President Rajiv Shah appointed to New York Fed Board of Directors

New York, Jan 6 (PTI) The Rockefeller Foundation president and former head of the United States Agency for International Development (USAID) Dr Rajiv Shah has been appointed to the Board of Directors of the Federal Reserve Bank of New York.

Are we out of the woods yet? What to expect from the US economy in 2024 - Vimarsana News

Are we out of the woods yet? What to expect from the US economy in 2024

The U.S. economy appears poised for a gentle 2024, with forecasts of declining inflation, interest rate cuts and only a slight uptick in unemployment.

Are we out of the woods yet? What to expect from the US economy in 2024 - Vimarsana News

Are we out of the woods yet? What to expect from the US economy in 2024

The U.S. economy appears poised for a gentle 2024, with forecasts of declining inflation, interest rate cuts and only a slight uptick in unemployment.