Fed’s Mester says next phase is to see how long its policy needs to remain ‘restrictive’ – FT
(Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said financial markets had got "a little bit ahead" of...
Economy
Door Dash updates tipping policy after NYC passes minimum wage law
DoorDash and similar food delivery services are changing their tipping policy following the New York City government's decision to increase...
Fed’s Mester says interest-rate policy is in a ‘good place’
Interest-rate policy is in a “good place” at present and can move in either direction based on how the economy...
BofA sees four rate cuts from Fed next year
(Reuters) - BofA Global Research said on Monday that it expects the U.S. Federal Reserve to deliver four 25-basis point...
US budget gap is $47 billion more than previous year: report
The Congressional Budget Office (CBO) announced Friday that it is estimating that the federal budget deficit totaled $383 billion in...
Fed’s Beige Book finds economy has slowed — and so has inflation
The U.S. economy slowed in November while inflation also tapered off, according to a Federal Reserve survey, suggesting the central...
China’s economic conditions to improve in 2024 – officials
BEIJING (Reuters) -China's economy is expected to see more favourable conditions and more opportunities than challenges in 2024, state media...
Are annual reviews going away? What this means for the workforce
With the U.S. job market still robust and unemployment low, more companies are moving away from formal annual performance reviews...
Fed’s Williams says interest rates are ‘at, or near’ peak
The Federal Reserve’s benchmark interest rate may have already hit its peak level, as it is now putting more downward...
Why the Fed’s dire predictions for 2023 didn’t come true
By Howard Schneider WASHINGTON (Reuters) -The U.S. Federal Reserve started 2023 on a grim note, with staffers calling a recession...
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