U.S. economy
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Soybean exports power U.S. economy to best performance in two years
EghtesadOnline: The U.S. economy grew at its fastest pace in two years in the third quarter as a surge in soybean exports and a rebound in inventory investment offset a slowdown in consumer spending.
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Fed policymakers closer to rate hike, but inflation doubts remain: minutes
EghtesadOnline: Several voting Federal Reserve policymakers judged a rate hike would be warranted "relatively soon" if the U.S. economy continued to strengthen but doubts on inflation remained,…
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IMF chief economist sees no danger of U.S. economy overheating
EghtesadOnline: The U.S. economy is not in danger of overheating, and the Federal Reserve should continue its data-dependent approach to another interest rate hike, the International Monetary…
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German government believes Trump would ravage U.S. economy: Spiegel
EghtesadOnline: Germany's economy ministry believes a Donald Trump presidency would severely damage the U.S. economy, according to an internal memorandum reported by Der Spiegel magazine on Saturday.
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Fed's Kaplan scours for signs of economy overheating, finds nothing
EghtesadOnline: Dallas Federal Reserve Bank President Robert Kaplan said on Friday that while he has scoured the data, he sees no evidence the U.S. economy is overheating, so the central bank…
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Atlanta Fed trims U.S. third-quarter growth forecast to 2.4 percent
EghtesadOnline: The U.S. economy is on track to grow at a 2.4 percent annualized rate in the third quarter, the Atlanta Federal Reserve's GDP Now forecast model showed on Friday, following the…
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Fed's Williams says U.S. economy can handle rate hike
EghtesadOnline: The Federal Reserve can raise interest rates without threatening the U.S. economic recovery, a top Federal Reserve policymaker said on Tuesday, saying the central bank risks doing…
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Year's busiest week for U.S. IPOs offers little comfort to banks
EghtesadOnline: Friday capped the busiest week for the U.S IPO market this year, but the country's six largest banks have little reason to cheer.
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Icahn says Trump better for U.S. economy than Clinton
EghtesadOnline: Billionaire investor Carl Icahn continued to throw his support behind the Republican U.S. presidential candidate on Tuesday, saying Donald Trump would reduce the regulation of…
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Trump presidency could cost U.S. economy $1 trillion: Oxford Economics
EghtesadOnline: The U.S. economy could be $1 trillion smaller than otherwise expected in 2021 if Republican candidate Donald Trump wins the presidential election in November, economics research…
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Fed looks unlikely to hike next week after Brainard warning
EghtesadOnline: The Federal Reserve should avoid removing support for the U.S. economy too quickly, Fed Governor Lael Brainard said on Monday in comments that solidified the view the central…
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Fed's Williams says U.S. economy in good shape, wants rate hike
EghtesadOnline: A top Federal Reserve official on Tuesday repeated his call for gradual interest rate hikes, evidently unfazed by a slowdown in U.S. job gains and sluggishness in the services…
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U.S. economy may need much higher interest rates: Fed's Lacker
EghtesadOnline: The U.S. economy appears strong enough to warrant significantly higher interest rates, Richmond Federal Reserve Bank President Jeffrey Lacker said on Friday.
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Everyone's pricing in political gridlock.
Strategist: I Can't Remember the Last Time the Election Meant This Much for Markets
EghtesadOnline: Meet the new boss, same as the old boss. That's what financial markets are predicting for the world's largest economy ahead of the November election, according to Bank of America…
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Dollar Advances as Treasuries Drop on Rate Outlook; Stocks Rise
EghtesadOnline: The dollar strengthened and Treasuries fell as Federal Reserve Vice Chairman Stanley Fischer said the U.S. economy was close to full employment, reinforcing speculation that policy…
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Dollar starts the week with Fed-inspired gains
EghtesadOnline: The dollar stood tall in Asian trading on Monday, after Federal Reserve Chair Janet Yellen's upbeat comments on the U.S. economy prompted traders to raise their expectations of…
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Fed could use reserves payments to stimulate U.S. economy: paper
EghtesadOnline: The Federal Reserve could push banks to lend more by paying Wall Street smaller returns on money stashed at the U.S. central bank when inflation is low, according to an academic…
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Central bankers eye public spending to plug $1 trillion investment gap
EghtesadOnline: While markets wait for Janet Yellen's latest message about the direction of monetary policy, the Federal Reserve chief and her colleagues already have one for politicians: the…
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U.S. inflation tame despite economy gaining momentum
EghtesadOnline: U.S. consumer prices were unchanged in July but a rise in industrial output and home building suggested a pickup in economic activity that could allow the Federal Reserve to raise…