The Federal Reserve thinks low rates have had only a ‘modest’ impact on stock market prices

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The Federal Reserve thinks low rates have had only a ‘modest’ impact on stock market prices


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That’s contrary to the conventional Street wisdom which ties the low rates and money-printing to a market bull run that is less than a month away from its 11th anniversary

Fed’s Bostic says ‘we won’t have to do anything’ on rates, despite market expectations

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Fed’s Bostic says ‘we won’t have to do anything’ on rates, despite market expectations


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Despite market expectations for up to two cuts this year, Bostic said that unless there’s a significant shift in economic performance, the Fed should stay put.

US weekly jobless claims rise slightly, while mid-Atlantic factory activity accelerates

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The number of Americans filing for unemployment benefits rose modestly last week, suggesting sustained labor market strength that could help to support the economy amid risks from the coronavirus and weak business investment.

Small business confidence rises, signaling a more positive outlook for the US economy

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The CNBC/SurveyMonkey Small Business Confidence index climbed two points in the first quarter, from 59 to 61, as concerns over trade policy impacts lessened thanks to a trade deal with China and the signing of the USMCA.

White House report takes aim at Obama while boasting about Trump’s economic record

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White House report takes aim at Obama while boasting about Trump’s economic record


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The White House issued a vigorous defense of the Trump administration’s economic agenda on Thursday, claiming credit for changing the trajectory of the nation’s record expansion – while taking aim at the Obama administration’s record.