Trending News: The furious battle to topple the world’s most valuable companyStudy finds 30% of pro-life pregnancy centers tout unapproved abortion pill reversal medicineLib Dems call for working farms to be exempt from inheritance taxFive key takeaways from the Scottish BudgetUkrainian businesses increasingly look beyond diesel for backup power as blackouts begin againTom Pidcock: Ineos Grenadiers team to split with GB riderDR Congo unknown disease kills 79 peopleGuinness limits pub supplies ahead of Christmas | Money NewsLast 2 defendants in Young Thug trial found not guilty of murder and gang chargesBritney Spears jets to Mexico to celebrate birthdaySoitec to supply wafers to GlobalFoundries’ 9SW platformWill Hungary’s Orbán Manage a Balancing Act? – The DiplomatNational weather forecast for Thursday December 5Social media raises profile of mission to cut bureaucracyCounty Tyrone influencer talks about alopecia journeyHouse Speaker rejects Biden’s request for additional $24 billion in Ukraine aidSouth Africa vs England: Laura Wolvaardt steers hosts to opening ODI victoryGeorgian opposition leader dragged from party offices by policePolice searching for owner of dog that chased and fatally attacked deer in Richmond Park | UK NewsFederal minister Harjit Sajjan defends accepting taxpayer-funded Taylor Swift ticketsMaple Leafs’ Jake McCabe out vs. Nashville PredatorsHamas threatens to ‘neutralize’ hostages if Israel launches rescueIs Gwadar a White Elephant Project? 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Now he’s raised $8mKeir Starmer refuses to give more details of Louise Haigh resignationBulgaria supplies arms, ammunition to Ukraine in its 7th aid deliveryTrump may replace Hegseth with DeSantis as defence secretary pick: reportWhy is French PM Michel Barnier set to lose a no-confidence vote?Met Office issues weather warnings for heavy rain and gusts of up to 80mph across UK | UK NewsLosses in China lead to $5B charge for General Motors as it cuts the value of its assetsRelatives hunt for the missing after Guinea stadium crushMalaysia government faces backlash over harsher penalties, wider powers proposed to tackle harmful online contentPrior smashes debut goalGeorgia’s fight for democracy is at a breaking pointWelsh Tories plotted to oust me since AprilPhilippines says China Coast Guard ‘sideswiped’ vesselPennsylvania grandmother looking for cat is believed to have fallen into 9-metre deep sinkholeGAMEDAY: Maple Leafs seek to hunt down toothless PredatorsGlobal stocks grapple with political turmoil in South Korea, France
Fri. Dec 6th, 2024
Trending News: The furious battle to topple the world’s most valuable companyStudy finds 30% of pro-life pregnancy centers tout unapproved abortion pill reversal medicineLib Dems call for working farms to be exempt from inheritance taxFive key takeaways from the Scottish BudgetUkrainian businesses increasingly look beyond diesel for backup power as blackouts begin againTom Pidcock: Ineos Grenadiers team to split with GB riderDR Congo unknown disease kills 79 peopleGuinness limits pub supplies ahead of Christmas | Money NewsLast 2 defendants in Young Thug trial found not guilty of murder and gang chargesBritney Spears jets to Mexico to celebrate birthdaySoitec to supply wafers to GlobalFoundries’ 9SW platformWill Hungary’s Orbán Manage a Balancing Act? – The DiplomatNational weather forecast for Thursday December 5Social media raises profile of mission to cut bureaucracyCounty Tyrone influencer talks about alopecia journeyHouse Speaker rejects Biden’s request for additional $24 billion in Ukraine aidSouth Africa vs England: Laura Wolvaardt steers hosts to opening ODI victoryGeorgian opposition leader dragged from party offices by policePolice searching for owner of dog that chased and fatally attacked deer in Richmond Park | UK NewsFederal minister Harjit Sajjan defends accepting taxpayer-funded Taylor Swift ticketsMaple Leafs’ Jake McCabe out vs. Nashville PredatorsHamas threatens to ‘neutralize’ hostages if Israel launches rescueIs Gwadar a White Elephant Project? – The DiplomatBolton braces for strong winds as weather warning issuedSenators Warn the Pentagon: Get a Handle on China’s Telecom HackingMeet the WA students given a spot at university for being good peopleBrian Thompson, UnitedHealthcare CEO, fatally shot outside a New York City hotel, AP source saysMajor war could destroy UK army in six monthsUkrainian drone hits special police regiment building in Chechnya, Kadyrov claimsVictim Sean Faloon angry over demolition announcementGuinness supplies limited ahead of Christmas after demand soarsBrit investigators smash Russian networks that helped hide billions in drugs, ransomware and spying operations | UK NewsUnitedHealthcare CEO shot dead on NYC sidewalk before investors meetingTequila, whiskey among top 2024 booze trends in Ontario: LCBOAtletico’s Le Normand available to compete after brain injury, says SimeoneRethinking Regional Security  – The DiplomatWoman taken to hospital after buses crash on Bury Road in BoltonAI-Powered Robots Can Be Tricked Into Acts of ViolenceUnitedHealthcare CEO Brian Thompson shot dead in ManhattanGuardian and Observer journalists go on strike over sale of paperUkraine state-owned enterprises weekly — Issue 156Moment of big opportunity and high risk for Marine Le PenWorld’s oldest known wild bird lays egg at ’74’Parcel delivery giant Yodel hit by festive capacity crisis | Money NewsAir Canada’s cheapest ticket will no longer include carry-on baggageSchneider Electric working with Nvidia to design data center cooling systemsAfter 33 Years, Kyrgyzstan and Tajikistan Announce Border Agreement – The DiplomatPolice searching for wanted man in connection with burglary and theft offences17 Gifts for People Who Are Perpetually Cold (2024)A need-to-know basis, by George!Fraud arrest over campaign to find PC’s killerUkraine Business Roundup — Historic tax increase signed 44 days lateRussian crypto criminals helped UK drug gangs launder lockdown cashCEO of United Healthcare fatally shot in New York CityMan arrested on suspicion of rape at London’s Groucho Club bailed until February | UK News6 children killed as Israeli army pushes into Khan Younis area, Palestinian medics reportShailene Woodley: Rodgers relationship was ‘toxic situation’Kebaya inscribed onto UNESCO intangible cultural heritage listBangladesh-India Relations Caught in a Downward Spiral – The DiplomatGregg Wallace: John Torode issues update on MasterChef futurePeloton Strength+ Weight Lifting App: Details, Download, PricePerth grandmother found guilty of smuggling drugs into JapanMasterChef host John Torode finds Wallace allegations “truly upsetting”NATO must provide ‘whatever air defense we can give’ to Ukraine, Rutte saysPorridge and crumpets fall under new ad banSouth Korea opposition files motion to impeach President Yoon Suk YeolGregg Wallace allegations ‘truly upsetting’, says MasterChef co-host John Torode | UK NewsFamily members sue Alberta government and company over 15-year-old’s death in group homeFour things to know about South Korean President as impeachment loomsEngland’s Bethell receives contract upgrade after impressive test debutSouth Korean President Lifts Martial Law, Now Faces Looming Impeachment – The DiplomatBolton Halifax bank evacuated after ground floor fills with smokeCelsius Founder Alex Mashinsky Pleads Guilty To FraudSuperquiz, Thursday, December 5What are the implications for the BBC?Russia’s Oreshnik strike aftermath was a carefully orchestrated psyop, media reportsClive Myrie apologises for not declaring £145k earnings to BBCSyrian government forces and rebels battle outside city of HamaCases of winter flu ‘rising rapidly’ with school-aged children worst affected | UK NewsMillions in the dark after Cuba’s electric grid collapses following power plant failureSpotify Wrapped 2024 is here, and Taylor Swift is most-streamed artistHow is a South Korean president impeached and does the opposition have enough votes to do so?BBC’s Clive Myrie on why he didn’t declare external earningsRazer BlackWidow V4 Pro 75% Review: High Tech, High PriceZac Leigh was locked out of a Tame Impala gig. Now he’s raised $8mKeir Starmer refuses to give more details of Louise Haigh resignationBulgaria supplies arms, ammunition to Ukraine in its 7th aid deliveryTrump may replace Hegseth with DeSantis as defence secretary pick: reportWhy is French PM Michel Barnier set to lose a no-confidence vote?Met Office issues weather warnings for heavy rain and gusts of up to 80mph across UK | UK NewsLosses in China lead to $5B charge for General Motors as it cuts the value of its assetsRelatives hunt for the missing after Guinea stadium crushMalaysia government faces backlash over harsher penalties, wider powers proposed to tackle harmful online contentPrior smashes debut goalGeorgia’s fight for democracy is at a breaking pointWelsh Tories plotted to oust me since AprilPhilippines says China Coast Guard ‘sideswiped’ vesselPennsylvania grandmother looking for cat is believed to have fallen into 9-metre deep sinkholeGAMEDAY: Maple Leafs seek to hunt down toothless PredatorsGlobal stocks grapple with political turmoil in South Korea, France
Fri. Dec 6th, 2024

Fed’s Williams welcomes inflation data, not ready to seek rate cuts

FILE PHOTO: John C. Williams, president and CEO of the Federal Reserve Bank of New York speaks to the Economic Club of New York in the Manhattan borough of New York, U.S., March 6, 2019. REUTERS/Lucas Jackson/File Photo

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Economy

16 May 2024, 4:03 am 1 minute

Federal Reserve Bank of New York President John Williams told Reuters he welcomed the arrival of softer consumer inflation data but said that positive news is not enough to call for the U.S. central bank to cut interest rates sometime soon.

Market Impact

The New York Fed leader, one of the top voices at the central bank who also serves as vice-chairman of the rate-setting Federal Open Market Committee, was interviewed in the wake of inflation data indicating a welcome slowdown, renewing Wall Street hopes the Fed might cut interest rates this year. 

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Topics of Interest: Economy

Type: Reuters Best

Sectors: Economy & Policy

Win Types: Speed

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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