Federal Reserve Bank of New York President John Williams said he remained optimistic that inflation pressures are on track to ease gradually, ​but if they don’t the U.S. central bank will not hesitate to respond with rate hikes to ensure price pressures return to target.
 

Reuters Business

Reuters Business

 

Fed's Williams expects inflation to ease, says Fed will act if it doesn't 

 

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Japan, US confirm joint yen-buying intervention, signal more action 

 

Factories faced weaker demand, higher costs in July as Iran war grinds on 

 

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Marriott forecasts quarterly profit below estimates as Middle East travel drops 

 

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Tyson trims annual profit forecast as tight cattle supplies squeeze beef business 

 

Trump brothers-backed American Bitcoin swings to second-quarter loss 

 

War-fueled oil rally set to lift shale profits to highest since 2022 

 

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