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Uncertainty heats up! Fed minutes highlight policy risks
Early Thursday morning Beijing time, the Federal Reserve released the minutes of the September Federal Open Market Committee (FOMC) policy meeting. The minutes showed that uncertainty surrounding the ... -
The minutes of the Federal Reserve meeting showed that it considered additional policy tightening to reduce inflation
Source: CCTV News client On October 11, local time, the Federal Reserve released the minutes of the Federal Open Market Committee (FOMC) meeting on September 19-20, in which participants discussed the ... -
The Fed is divided! The September minutes showed some officials did not see the need for another rate hike
According to minutes of the Fed's September policy meeting released on Wednesday, most officials said last month that they expected one more rate hike. Some officials noted that how quickly inflation ... -
Inflation is no longer the primary factor that will determine whether the Fed raises interest rates in November
The Fed next meets on Oct. 31 and Nov. 1. The rebound in US inflation since the September meeting has been very clear, but inflation is no longer the primary determinant of the Fed's monetary policy. ... -
Fed's Collins: Need to clarify inflation target is 2%
Fed's Collins says it needs to be clear that the inflation target is 2%; Now is not the time to change the inflation target. -
RBNZ President ORR: Interest rates will remain at restrictive levels for the foreseeable future
RBNZ Chairman ORR said that the Monetary Policy Committee (MPC) has a credible path to achieve the inflation target. The official cash rate (OCR) will remain at restrictive levels for the foreseeable ... -
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Exxonmobil struck a deal to buy Pioneer for $60bn, creating a shale giant
Exxon Mobil (XOM) struck a deal Wednesday to buy Pioneer Natural Resources (PXD) for nearly $60 billion, the largest oil and gas deal in two decades that will tie the energy giant to fossil fuels for ... -
Chinese banks rose after Central Huijin increased its stake in the big four state-owned lenders
Chinese bank shares rose after a state-owned fund increased its stake in the country's four biggest lenders, fuelling hopes that Beijing will step up support for the economy. Industrial & Commercial B ... -
Retail sales of passenger cars in China rose in September, helped by promotions and holiday road trips
Sales of passenger cars in China rose in September thanks to promotions and holiday purchases. Retail sales in China's Passenger Car market reached 2.02 million units in September, up 5.0% from a year ...