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👤Arthur Greene
🕔November 28, 2016
Overall business activity in Texas turned positive in November for the first time since December 2014, according to the Dallas Federal Reserve. The production index increased to 8.8 from 6.7 previously with the new orders component strengthening to -1.4 from -3.5 as the pace of decline in unfilled orders also slowed significantly on the month.…
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👤Nurudeen Amedu
🕔October 12, 2016
The Federal Reserve Open Market Committee (FOMC) meeting for the month of September reflected that the members of the committee had reached an agreement that the case for an interest rates raise had been strengthened. And again the Feds failed to make any comments on the time frame of the next rates hike and the overall outlook was marginally more dovish than anticipated.…
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Soft CPI Data Reduces Hawkish Sentiments Ahead of FOMC
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👤Isaac Ndegwa
🕔August 17, 2016
By the close of last week’s trading, there had been great expectations that the US Federal reserve is going to take up a more hawkish stance towards its policies. The Jackson Hole symposium and the FOMC minutes are supposed to be released today, Wednesday August 17th.…
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👤Isaac Ndegwa
🕔August 1, 2016
On Monday, the Asian shares surged to one-year highs due to dampened expectations that the US Fed is going to hike the interest rates in the coming months. Disappointing US economic growth data is the main reason investors now have doubts that the federal reserve is going to tweak the interest rates higher.…
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