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rcjh
2023-09-13
Lai interest rate up
U.S. CPI Rose 3.7% in August, Higher Than Expected
rcjh
2023-05-03
BS. Banks still record earnings paying high bonuses
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Economists surveyed by Dow Jones were looking for respective increases of 0.6% and 3.6%.</p><p style=\"text-align: start;\">However, excluding volatile food and energy, core CPI increased 0.3% and 4.3% respectively, against estimates for 0.2% and 4.3%. Federal Reserve officials focus more on core as it provides a better indication of where inflation is heading over the long term.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/20fb3534e11d10b2622de7e0c9f710b2\" tg-width=\"1332\" tg-height=\"264\"/></p><p>Energy prices fed much of gain, rising 5.6% on the month, an increase that included a 10.6% surge in gasoline.</p><p style=\"text-align: start;\">Food prices rose 0.2% while shelter costs, which make up about one-third of the CPI weighting, increased 0.3%.</p><p style=\"text-align: start;\">Stock market futures initially fell following the report then rebounded. Treasury yields were higher across the board.</p><p style=\"text-align: start;\">The jump in headline inflation hit worker paychecks. Real average hourly earnings declined 0.5% for the month, though they were still up 0.5% from a year ago, the Labor Department said in a separate release.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. CPI Rose 3.7% in August, Higher Than Expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. CPI Rose 3.7% in August, Higher Than Expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-09-13 23:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items.</p><p style=\"text-align: start;\">The consumer price index, which measures costs across a broad variety of goods and services, rose a seasonally adjusted 0.6% for the month, and was up 3.7% from a year ago, the U.S. Department of Labor reported Wednesday. Economists surveyed by Dow Jones were looking for respective increases of 0.6% and 3.6%.</p><p style=\"text-align: start;\">However, excluding volatile food and energy, core CPI increased 0.3% and 4.3% respectively, against estimates for 0.2% and 4.3%. Federal Reserve officials focus more on core as it provides a better indication of where inflation is heading over the long term.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/20fb3534e11d10b2622de7e0c9f710b2\" tg-width=\"1332\" tg-height=\"264\"/></p><p>Energy prices fed much of gain, rising 5.6% on the month, an increase that included a 10.6% surge in gasoline.</p><p style=\"text-align: start;\">Food prices rose 0.2% while shelter costs, which make up about one-third of the CPI weighting, increased 0.3%.</p><p style=\"text-align: start;\">Stock market futures initially fell following the report then rebounded. Treasury yields were higher across the board.</p><p style=\"text-align: start;\">The jump in headline inflation hit worker paychecks. Real average hourly earnings declined 0.5% for the month, though they were still up 0.5% from a year ago, the Labor Department said in a separate release.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108152520","content_text":"Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items.The consumer price index, which measures costs across a broad variety of goods and services, rose a seasonally adjusted 0.6% for the month, and was up 3.7% from a year ago, the U.S. Department of Labor reported Wednesday. Economists surveyed by Dow Jones were looking for respective increases of 0.6% and 3.6%.However, excluding volatile food and energy, core CPI increased 0.3% and 4.3% respectively, against estimates for 0.2% and 4.3%. Federal Reserve officials focus more on core as it provides a better indication of where inflation is heading over the long term.Energy prices fed much of gain, rising 5.6% on the month, an increase that included a 10.6% surge in gasoline.Food prices rose 0.2% while shelter costs, which make up about one-third of the CPI weighting, increased 0.3%.Stock market futures initially fell following the report then rebounded. Treasury yields were higher across the board.The jump in headline inflation hit worker paychecks. 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Banks still record earnings paying high bonuses","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947625469","repostId":"2332992378","repostType":4,"isVote":1,"tweetType":1,"viewCount":381,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":219501090369672,"gmtCreate":1694608527055,"gmtModify":1694610795182,"author":{"id":"4101518584373030","authorId":"4101518584373030","name":"rcjh","avatar":"https://community-static.tradeup.com/news/5e03eafbc1eae8345b154639d0d0f7f9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101518584373030","authorIdStr":"4101518584373030"},"themes":[],"htmlText":"Lai interest rate up","listText":"Lai interest rate up","text":"Lai interest rate up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/219501090369672","repostId":"1108152520","repostType":4,"repost":{"id":"1108152520","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1694618287,"share":"https://ttm.financial/m/news/1108152520?lang=&edition=fundamental","pubTime":"2023-09-13 23:18","market":"us","language":"en","title":"U.S. CPI Rose 3.7% in August, Higher Than Expected","url":"https://stock-news.laohu8.com/highlight/detail?id=1108152520","media":"Tiger Newspress","summary":"U.S. CPI Rose 3.7% in August, Higher Than Expected","content":"<html><head></head><body><p>Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items.</p><p style=\"text-align: start;\">The consumer price index, which measures costs across a broad variety of goods and services, rose a seasonally adjusted 0.6% for the month, and was up 3.7% from a year ago, the U.S. Department of Labor reported Wednesday. Economists surveyed by Dow Jones were looking for respective increases of 0.6% and 3.6%.</p><p style=\"text-align: start;\">However, excluding volatile food and energy, core CPI increased 0.3% and 4.3% respectively, against estimates for 0.2% and 4.3%. Federal Reserve officials focus more on core as it provides a better indication of where inflation is heading over the long term.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/20fb3534e11d10b2622de7e0c9f710b2\" tg-width=\"1332\" tg-height=\"264\"/></p><p>Energy prices fed much of gain, rising 5.6% on the month, an increase that included a 10.6% surge in gasoline.</p><p style=\"text-align: start;\">Food prices rose 0.2% while shelter costs, which make up about one-third of the CPI weighting, increased 0.3%.</p><p style=\"text-align: start;\">Stock market futures initially fell following the report then rebounded. Treasury yields were higher across the board.</p><p style=\"text-align: start;\">The jump in headline inflation hit worker paychecks. Real average hourly earnings declined 0.5% for the month, though they were still up 0.5% from a year ago, the Labor Department said in a separate release.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. CPI Rose 3.7% in August, Higher Than Expected</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. CPI Rose 3.7% in August, Higher Than Expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-09-13 23:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items.</p><p style=\"text-align: start;\">The consumer price index, which measures costs across a broad variety of goods and services, rose a seasonally adjusted 0.6% for the month, and was up 3.7% from a year ago, the U.S. Department of Labor reported Wednesday. Economists surveyed by Dow Jones were looking for respective increases of 0.6% and 3.6%.</p><p style=\"text-align: start;\">However, excluding volatile food and energy, core CPI increased 0.3% and 4.3% respectively, against estimates for 0.2% and 4.3%. Federal Reserve officials focus more on core as it provides a better indication of where inflation is heading over the long term.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/20fb3534e11d10b2622de7e0c9f710b2\" tg-width=\"1332\" tg-height=\"264\"/></p><p>Energy prices fed much of gain, rising 5.6% on the month, an increase that included a 10.6% surge in gasoline.</p><p style=\"text-align: start;\">Food prices rose 0.2% while shelter costs, which make up about one-third of the CPI weighting, increased 0.3%.</p><p style=\"text-align: start;\">Stock market futures initially fell following the report then rebounded. Treasury yields were higher across the board.</p><p style=\"text-align: start;\">The jump in headline inflation hit worker paychecks. Real average hourly earnings declined 0.5% for the month, though they were still up 0.5% from a year ago, the Labor Department said in a separate release.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108152520","content_text":"Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items.The consumer price index, which measures costs across a broad variety of goods and services, rose a seasonally adjusted 0.6% for the month, and was up 3.7% from a year ago, the U.S. Department of Labor reported Wednesday. Economists surveyed by Dow Jones were looking for respective increases of 0.6% and 3.6%.However, excluding volatile food and energy, core CPI increased 0.3% and 4.3% respectively, against estimates for 0.2% and 4.3%. Federal Reserve officials focus more on core as it provides a better indication of where inflation is heading over the long term.Energy prices fed much of gain, rising 5.6% on the month, an increase that included a 10.6% surge in gasoline.Food prices rose 0.2% while shelter costs, which make up about one-third of the CPI weighting, increased 0.3%.Stock market futures initially fell following the report then rebounded. Treasury yields were higher across the board.The jump in headline inflation hit worker paychecks. Real average hourly earnings declined 0.5% for the month, though they were still up 0.5% from a year ago, the Labor Department said in a separate release.","news_type":1},"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947625469,"gmtCreate":1683096609951,"gmtModify":1683098769166,"author":{"id":"4101518584373030","authorId":"4101518584373030","name":"rcjh","avatar":"https://community-static.tradeup.com/news/5e03eafbc1eae8345b154639d0d0f7f9","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101518584373030","authorIdStr":"4101518584373030"},"themes":[],"htmlText":"BS. Banks still record earnings paying high bonuses","listText":"BS. Banks still record earnings paying high bonuses","text":"BS. Banks still record earnings paying high bonuses","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947625469","repostId":"2332992378","repostType":4,"repost":{"id":"2332992378","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1683095820,"share":"https://ttm.financial/m/news/2332992378?lang=&edition=fundamental","pubTime":"2023-05-03 14:37","market":"us","language":"en","title":"White House: Fed Interest Rates Having Negative Effect on Banking","url":"https://stock-news.laohu8.com/highlight/detail?id=2332992378","media":"Reuters","summary":"WASHINGTON, May 2 (Reuters) - A top White House economist on Tuesday said Federal Reserve interest r","content":"<html><head></head><body><p style=\"text-align: start;\">WASHINGTON, May 2 (Reuters) - A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at curbing inflation were having a negative impact on the banking sector, and warned Republicans against worsening the situation with their debt ceiling threats.</p><p style=\"text-align: start;\">Heather Boushey, a member of the White House Council of Economic Advisers, told Reuters that Republicans should not be "playing games" with the U.S. economy, by pegging an increase in the $31.4 trillion debt limit to budget cuts.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5ab3b70ad2374277ef75d64215794b7\" alt=\"Heather Boushey, appointed to be a member of the Council of Economic Advisers, speaks as U.S. President-elect Joe Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. REUTERS/Leah Millis/File Photo\" title=\"Heather Boushey, appointed to be a member of the Council of Economic Advisers, speaks as U.S. President-elect Joe Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. REUTERS/Leah Millis/File Photo\" tg-width=\"6230\" tg-height=\"4270\"/><span>Heather Boushey, appointed to be a member of the Council of Economic Advisers, speaks as U.S. President-elect Joe Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. REUTERS/Leah Millis/File Photo</span></p><p style=\"text-align: start;\">"The economy remains, it's been strong. You don't want to be pushing it off of the course that it's on," Boushey said, urging Republicans to back a debt ceiling increase without conditions. "The Fed is raising interest rates in the hope of reducing inflation. That is having this negative effect on the banking sector. Why would we add to that?"</p><p style=\"text-align: start;\">Boushey said Congress could easily remove the risk of default by raising the debt ceiling, while the issue of interest rates and their impact on bank assets was a far more complicated question that no single entity had the power to solve.</p><p style=\"text-align: start;\">"This is terrible. It's scary. We should not be be playing these kind of games with the U.S. economy and with the full faith and credit of the United States," Boushey said. "We need to be focused on how we're going to keep the economy moving."</p><p>Boushey's comments come as Fed governors are gathered for a two-day policy meeting that analysts expect to result in a 25-basis-point increase in the federal funds rate on Wednesday.</p><p style=\"text-align: start;\">House Republicans passed a bill to raise the debt limit last week that includes steep cuts to spending from healthcare to air-traffic controllers, which the Democratic-controlled Senate and President Joe Biden say they will not approve.</p><p style=\"text-align: start;\">Biden on Monday summoned the four Senate and House of Representatives leaders - two fellow Democrats and two Republicans - to the White House next week, after the U.S. Treasury warned the government could run short of cash to pay its bills as soon as June 1.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>White House: Fed Interest Rates Having Negative Effect on Banking</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhite House: Fed Interest Rates Having Negative Effect on Banking\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-05-03 14:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">WASHINGTON, May 2 (Reuters) - A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at curbing inflation were having a negative impact on the banking sector, and warned Republicans against worsening the situation with their debt ceiling threats.</p><p style=\"text-align: start;\">Heather Boushey, a member of the White House Council of Economic Advisers, told Reuters that Republicans should not be "playing games" with the U.S. economy, by pegging an increase in the $31.4 trillion debt limit to budget cuts.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f5ab3b70ad2374277ef75d64215794b7\" alt=\"Heather Boushey, appointed to be a member of the Council of Economic Advisers, speaks as U.S. President-elect Joe Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. REUTERS/Leah Millis/File Photo\" title=\"Heather Boushey, appointed to be a member of the Council of Economic Advisers, speaks as U.S. President-elect Joe Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. REUTERS/Leah Millis/File Photo\" tg-width=\"6230\" tg-height=\"4270\"/><span>Heather Boushey, appointed to be a member of the Council of Economic Advisers, speaks as U.S. President-elect Joe Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. REUTERS/Leah Millis/File Photo</span></p><p style=\"text-align: start;\">"The economy remains, it's been strong. You don't want to be pushing it off of the course that it's on," Boushey said, urging Republicans to back a debt ceiling increase without conditions. "The Fed is raising interest rates in the hope of reducing inflation. That is having this negative effect on the banking sector. Why would we add to that?"</p><p style=\"text-align: start;\">Boushey said Congress could easily remove the risk of default by raising the debt ceiling, while the issue of interest rates and their impact on bank assets was a far more complicated question that no single entity had the power to solve.</p><p style=\"text-align: start;\">"This is terrible. It's scary. We should not be be playing these kind of games with the U.S. economy and with the full faith and credit of the United States," Boushey said. "We need to be focused on how we're going to keep the economy moving."</p><p>Boushey's comments come as Fed governors are gathered for a two-day policy meeting that analysts expect to result in a 25-basis-point increase in the federal funds rate on Wednesday.</p><p style=\"text-align: start;\">House Republicans passed a bill to raise the debt limit last week that includes steep cuts to spending from healthcare to air-traffic controllers, which the Democratic-controlled Senate and President Joe Biden say they will not approve.</p><p style=\"text-align: start;\">Biden on Monday summoned the four Senate and House of Representatives leaders - two fellow Democrats and two Republicans - to the White House next week, after the U.S. Treasury warned the government could run short of cash to pay its bills as soon as June 1.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2332992378","content_text":"WASHINGTON, May 2 (Reuters) - A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at curbing inflation were having a negative impact on the banking sector, and warned Republicans against worsening the situation with their debt ceiling threats.Heather Boushey, a member of the White House Council of Economic Advisers, told Reuters that Republicans should not be \"playing games\" with the U.S. economy, by pegging an increase in the $31.4 trillion debt limit to budget cuts.Heather Boushey, appointed to be a member of the Council of Economic Advisers, speaks as U.S. President-elect Joe Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. REUTERS/Leah Millis/File Photo\"The economy remains, it's been strong. You don't want to be pushing it off of the course that it's on,\" Boushey said, urging Republicans to back a debt ceiling increase without conditions. \"The Fed is raising interest rates in the hope of reducing inflation. That is having this negative effect on the banking sector. Why would we add to that?\"Boushey said Congress could easily remove the risk of default by raising the debt ceiling, while the issue of interest rates and their impact on bank assets was a far more complicated question that no single entity had the power to solve.\"This is terrible. It's scary. We should not be be playing these kind of games with the U.S. economy and with the full faith and credit of the United States,\" Boushey said. \"We need to be focused on how we're going to keep the economy moving.\"Boushey's comments come as Fed governors are gathered for a two-day policy meeting that analysts expect to result in a 25-basis-point increase in the federal funds rate on Wednesday.House Republicans passed a bill to raise the debt limit last week that includes steep cuts to spending from healthcare to air-traffic controllers, which the Democratic-controlled Senate and President Joe Biden say they will not approve.Biden on Monday summoned the four Senate and House of Representatives leaders - two fellow Democrats and two Republicans - to the White House next week, after the U.S. Treasury warned the government could run short of cash to pay its bills as soon as June 1.","news_type":1},"isVote":1,"tweetType":1,"viewCount":381,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}