Central bank's hefty balance sheet is seen as helping the U.S. economy, keeping a lid on borrowing costs.

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Topics:  u.s    
BING NEWS:
  • Interest rate cuts could switch ‘from stroll to a sprint’ after US jobs surprise
    US stock indexes on Wall Street jumped sharply higher and the FTSE 100 hit a new record high as the report also showed wages ... it has become clear that the Fed is happy to move slowly in the cutting ...
    05/3/2024 - 11:30 am | View Link
  • Stock market today: Stocks surge as jobs report revives rate-cut bets, Apple jumps 6%
    US stocks surged on Friday, as upbeat earnings from Apple lifted spirits and a weaker-than-expected jobs report revived bets that the Federal Reserve could cut interest rates soon ...
    05/3/2024 - 5:08 am | View Link
  • Exclusive: UBS weighs asset management overhaul to reduce costs, sources say
    UBS is weighing plans to cut several hundred million dollars of costs in its asset management division as the bank studies options for a business whose profit is under pressure, people with knowledge ...
    05/2/2024 - 12:23 pm | View Link
  • Gazprom swings to £5bn loss in blow to Putin
    Shell surpassed market expectations with a $7.7bn (£6.1bn) profit in the first three months of the year and announced fresh returns to shareholders. The oil giant had been expected to record first ...
    05/1/2024 - 7:43 pm | View Link
  • Fed announces reduction in balance sheet runoff pace
    The Federal Reserve announced plans on Wednesday to slow the speed of its balance sheet drawdown to ensure this process does not create undue stress in financial markets.
    05/1/2024 - 1:49 pm | View Link
  • More

 

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