Fed's Powell didn't comment on US economic outlook nor monetary policy

Speaking on housing reforms, Fed Governor Jerome Powell didn't comment on the U.S. economic outlook nor the monetary policy in his prepared remarks. Powell said that although some reforms made it safer, the current housing finance system was unsustainable.

WTI moves higher near $46.00 ahead of EIA

Crude oil prices have recovered part of Wednesday’s sharp pullback, with the West Texas Intermediate hovering over the $46.00 mark per barrel ahead of
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US non-manufacturing ISM boosts Fed rate hike case - ING

James Smith, Economist at ING, points out that today’s Non-Manufacturing ISM report gives further ammunition to the current hawkish plan of the...
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