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3 results for “Energy” · markets

Articles · 1

Jun 17

Fed Removes Easing Bias in Revised Rate Statement

The Federal Reserve released a shorter, heavily revised June policy statement that removes easing bias language and adds emphasis on delivering price stability. The updates reflect a shift in tone amid noted supply shocks including energy, signaling tighter focus on inflation control.

via CNBC FinanceRead article →

From the feed · 2

Markets· Brief4h

Berkshire Hathaway earnings rose last quarter as gains in energy, railroad and manufacturing businesses offset weaker insurance results. CEO Greg Abel has begun deploying the company's large cash reserves.

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Markets· Brief1d

July's jobs miss has sharply cut the odds of a Fed rate hike in September. A softer labor market undercuts arguments for tighter policy even as energy prices climb.

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