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US faces "inflation problem", Fed's Hammack says - WSJ

- The US is still dealing with an "inflation problem", Cleveland Federal Reserve Bank President Beth Hammack told the Wall Street Journal in an interview published on...

U.S. equity fund outflows surged on doubts over Fed rate cuts

(Reuters) - U.S. equity funds saw a spike in outflows for the week ending Jan. 15, as the outlook for Federal Reserve rate cuts this year had dimmed while investors were cautious...

Small caps lose Trump bump as rising rates sap strength

By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) - As investors seek assets that will shine under a Donald Trump presidency, one corner of the U.S. stock market expected to...

ECB should not rush rate cuts, Nagel says

FRANKFURT (Reuters) - The European Central Bank should not rush to lower interest rates because inflation remains high and uncertainty great, ECB policymaker Joachim Nagel said in...

Analysis-Corporate hedging to save debt costs may have worsened 10yr sell-off

By Shankar Ramakrishnan and Davide Barbuscia (Reuters) - A sell-off in U.S. Treasury markets in recent weeks was likely made worse by corporate plans to borrow nearly $190 billion...

Factbox-US stock performance on dates of presidential inaugurations

By Saqib Iqbal Ahmed NEW YORK (Reuters) - Investors will closely monitor stock markets on Tuesday, the day after Donald Trump is inaugurated for his second term in the White...

Displaced Los Angeles homeowners face price gouging after wildfires

By Dawn Chmielewski LOS ANGELES (Reuters) - Jay Gilberg bought a five-bedroom, 4,800-square-foot (446-sq-meter) home in the Los Angeles neighborhood of Pacific Palisades in June...

The door to a Fed cut in March "remains open", Morgan Stanley says

- The possibility of a Federal Reserve interest rate cut as soon as March is in play after underlying US inflation data earlier this week was softer than anticipated,...

China kicks off subsidised auto trade-ins

BEIJING (Reuters) - China's commerce ministry kicked off subsidised auto trade-ins on Friday, extending a program likened to the U.S. "cash-for-clunkers" stimulus that had...

Fed's Hammack says inflation remains a problem, WSJ reports

(Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said in an interview published in the Wall Street Journal on Friday that inflation remained a problem. "We...

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