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11 Aug 2017

Fed's Kashkari: Weak CPI inflation data another reason to hold off rate hikes

Minneapolis Fed President Neel Kashkari is out on the wires, with the key quotes, via Reuters, found below:

  • Inflation hasn't increased with tightening job market
  • Weak CPI inflation data another reason to hold off rate hikes
  • Why do we need to cool the economy down?
Aug 11, 2017

WTI starts recovering losses after refreshing 2-week lows at $48

Crude oil prices struggle to shake off yesterday's heavy losses on Friday, with the barrel of West Texas Intermediate trading at $48.40, losing 0.37%
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Aug 11, 2017

NY Fed: GDP Nowcast stands at 2% for Q3 of 2017

"The New York Fed Staff Nowcast stands at 2.0% for 2017:Q3," the Federal Reserve Bank of New York announced on Friday and added, "the effects of news
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