Tag: Neel Kashkari
Major US bank raises forecast after takeover – Wall Street closes undecided
New York, Dusseldorf Worries about a possible US default have dampened Wall Street investors’ mood. The Dow Jones lost 0.4 percent on Monday to 33,287 points. The tech-heavy Nasdaq, meanwhile,…
Fed bankers still see room for improvement in interest rates
Jerome Powell “We have to be patient,” said the Fed chair, referring to inflation. (Photo: Reuters) Washington The US Federal Reserve wants to align its future course with the economic…