Fed not ready to raise rates says minutes show caution
Fed officials debated when stronger data might push rate increases from near zero, with concerns over low inflation, weak jobs, and overseas threats. Minutes suggest June hike unlikely, possible delay to September or later, as investors reacted positively to the cautious tone. The labor market added 000 new jobs in January, unemployment at 5.7 percent as discouraged workers returned to work, while inflation lingered near target uncertainty.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
U.S
Coucess
Sal Guatieri
Seteior
BMO Capital Markets
Wall Street
Deflation worries plague Europe
Milan shoppers boost early sales amid a six year downturn as industry leaders warn that continued price declines could trigger deflation. ECB stimulus looms as economists note weak prices curb spending while Germany Spain and Britain show divergent trends in inflation and growth.
MENTIONED IN THIS ARTICLE
Milan
Renato Borghi
Italian Fashion Federation
Borghi
European Central Bank
Europe
Mario Ganassin
Sorelle
Ramonda Clothing
Vicenza
Italy
France
Germany
Spain
Britain
Helen Dickinson
British Retail Consortium
US stock ends mostly lower after Fed minutes release
The market eased from recent highs after the Federal Reserve January meeting minutes suggested a June rate hike is less likely. The Dow fell 17.73 points to 18029.85, the S&P 500 slipped 0.03 percent to 2099.68, closing near an all time high set Tuesday.
MENTIONED IN THIS ARTICLE
U.S
New York
Federal Reserve
Standard & Poor
David Lafferty
Natixis Global Asset Management
Also Mentioned on This Page
Colleen Barry
The
Associated Press
North Rhine-Westphalia
Thomas Perez
Dockworkers Union
Maritime Association
Asia
San Francisco
International Longshore and Warehouse Unit
Pacific Maritime Assocition
California
San Francisco Bay
Puget Sound
Compa
Maleigh
8.C
Duke Energy
Grand
Raleigh
Dan River
Virginia Line
Duke
North Carolina
Department of Environment and Natural Resources
USS
Thomas Walker
Campbell
Philadelphia
Campbell Soup Co
Camden, N.J
Florida
Camden
Carla Burigatto
the Market IN Review
Ow Jones Industri
Snange
Ae Stock Exchange
IYSE
Lievaag Stier
Jaen
Tslonigan
Leouetn
Congo
Irs
Fess
Base
Cox
Agg & Cox Sack Sat Iit
Lowes Ao
Gbarthev
Ian
Seclemetaaiteens
Scheene
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!