inflation

Fed to proceed with December U.S. rate rise despite Trump upset: Reuters poll

While there was no prior official view on what the Fed would do if Trump won in a contest where nearly every poll of U.S. voters pointed to a victory for Democrat Hillary Clinton, many had said ensuing uncertainty from an upset might put up a roadblock. When the Fed last hiked, its first in the current cycle off the zero bound, it expected to have delivered four more by now, but was thrown off course several times throughout the year. Inflation has not picked …

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Fed to proceed with December U.S. rate rise despite Trump upset: Reuters poll

inflation

S&P affirms U.S. investment-grade ratings after presidential election

Donald Trump won the U.S. presidential election in a stunning upset, and will take office in January, with the Republicans maintaining majority control of the House of Representatives and the Senate. “We assume the longstanding institutional strengths and robust checks and balances of the U.S. will support policy execution in a Trump administration, despite the president-elect's lack of experience in public office, which raises uncertainty on policy proposals,” the ratings agency said.

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S&P affirms U.S. investment-grade ratings after presidential election

inflation

Asia shares rebound in sharp turnaround from Trump shock

By Wayne Cole and Shinichi Saoshiro SYDNEY/TOKYO (Reuters) – Asian shares rebounded on Thursday and the dollar firmed in a remarkable snapback from the shock of Republican Donald Trump's presidential victory, though the speed of the reversal left some market watchers scratching their heads. MSCI's broadest index of Asia-Pacific shares outside Japan bounced 1.7 percent after dropping 2.4 percent on Wednesday as global markets plunged as Trump swept to power. “Markets…

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Asia shares rebound in sharp turnaround from Trump shock

inflation

The identity crisis that led to Yahoo’s demise

By Jonathan Weber and Jeffrey Dastin SAN FRANCISCO (Reuters) – When senior Yahoo executives gathered at a San Jose hotel for a management retreat in the spring of 2006, there was no outward sign of a company in crisis. The tough days of the dot-com bust were a distant memory, and Yahoo Inc, flush with lucrative advertising deals from the world's biggest brands, was enjoying its run as one of the top dogs in the world's hottest industry. Then they were asked to …

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The identity crisis that led to Yahoo’s demise

inflation

Fed seen holding rates steady as inflation watch continues

By Ann Saphir SAN FRANCISCO (Reuters) – The U.S. Federal Reserve is expected to keep interest rates unchanged this week, deferring any possible increase until September or December, as policymakers hold out for more evidence of a pickup in inflation. Central to the debate at the Fed's July 26-27 policy meeting will be how to reconcile upbeat U.S. economic data, highlighted by strong job gains in June, with a global growth slowdown and other …

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Fed seen holding rates steady as inflation watch continues

inflation

Fed report points to slight rise in inflation, tight job market

By Jason Lange WASHINGTON, June 1 (Reuters) – Inflation pressures grew slightly across most of the United States from April to mid-May, the Federal Reserve said on Wednesday in a report that also pointed to rising labor costs for American companies. The Fed's Beige Book, a collection of anecdotal information from business contacts nationwide, found that labor markets appeared to be tightening despite “modest” job growth. “Tight labor markets

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Fed report points to slight rise in inflation, tight job market