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0.00035978988270858 0.000449737353385623 0.000323810894437763 0.00136720155429228 0.00332805641505365 0.00550478520544013 0.00672807080664893 0.00453335252212704
Stock impact report

Fed officials send united message on January interest-rate cut [Yahoo! Finance]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
Company Research Source: Yahoo! Finance
Some of them are Federal Reserve officials whose jobs actually require them to keep inflation in check for the rest of us. Several Fed regional presidents said Jan. 15 that ongoing inflation pressures are prompting them to pause interest-rate cuts, explaining that a cooling labor market appears to be stabilizing. “The most important thing facing us is we've got to get inflation back to 2%,” Chicago Fed President Austan Goolsbee told CNBC , adding that concerns from businesses across his district over rising costs and affordability prompted his opinion. Maximum employment and price stability are the twin priorities -- the dual mandate from Congress -- of the Federal Reserve. These goals require a delicate balance: Higher interest rates lower inflation but increase job losses. Lower interest rates lower unemployment but increase inflation. The current benchmark Federal Funds Rate is 3.50% to 3.75%. The Federal Open Market Committee, the central bank's policymaking panel Show less Read more
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