Fed’s Williams Is Watching Job Market, Backs More Rate Cuts
Federal Reserve Bank of New York President John Williams backed additional interest-rate cuts this year and said he is paying close attention to US employment, which has shown recent signs of weakness.
“The risks of a further slowdown in the labor market is something I’m very focused on,” Williams said in an interview with the New York TimesBloomberg Terminal published on Thursday.
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52.7% Upside In Top Growth Stock
Investment Alert: Buy ZM Under $71/share; Sell $105
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
When lockdowns swept the world,
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Wild West Standoff Set To Hit Stock Market
A wild west standoff is taking place right now in the housing market. Take southeast Florida as a prime example of the divide between buyers and sellers. In upscale Boca Raton, the median price of homes sold in many communities sits far below the listing prices of homes on sale.
Yet sellers are standing firm on price,
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