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2024
October
9
📰 BRENT CRUDE OIL FALLS $1 A BARREL AS AMPLE SUPPLY COUNTERS MIDDLE EAST TENSIONS

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📰 BRENT CRUDE OIL FALLS $1 A BARREL AS AMPLE SUPPLY COUNTERS MIDDLE EAST TENSIONS

October 9, 2024

BRENT CRUDE OIL FALLS $1 A BARREL AS AMPLE SUPPLY COUNTERS MIDDLE EAST TENSIONS

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📰 BOFA STUDY: NEARLY 80% OF U.S. BUSINESS OWNERS ANTICIPATE REVENUE GROWTH IN THE COMING YEAR

📰 DALLAS FED’S LOGAN SAYS FED SHOULD MOVE GRADUALLY Lorie Logan, president of the Dallas Fed, says in a speech that easing policy too quickly could create excess aggregate demand and risk reigniting inflation. “These risks suggest the FOMC should not rush to reduce the fed funds target to a ‘normal’ or ‘neutral’ level but rather should proceed gradually while monitoring the behavior of financial conditions,” Logan says in the published text of a speech at an energy conference in Houston. Meanwhile, job gains have slowed but overall the labor market remains healthy, she says. Logan is not a voter on the rate-setting Federal Open Markets Committee this year.

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