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29/08/2025
Ford South Africa will lay off over 470 employees at its car and engine factories.
Latest
4 m ago
Federal Reserve Governor Bullard: In support of the Federal Reserve's 25 basis point rate cut in September, it is expected that there will be further rate cuts in the next 3-6 months. Excluding the temporary impact of tariffs, the underlying inflation rate is close to 2%. The "appropriate restriction" policy rate is expected to be 1.25 to 1.50 percentage points higher than the neutral rate. Unless the August employment report shows a significant weakening in the economy and inflation remains well controlled, it is not believed that a larger rate cut will be necessary in September.
5 m ago
Federal Reserve's Powell: Labor Bureau data is "absolutely indispensable".
6 m ago
Fed's Powell: Labor demand is weakening, which is not a good thing. Downside risks to the labor market are increasing.
6 m ago
Federal Reserve Powell: It is expected that interest rates will be lowered further in the next 3-6 months.
6 m ago
Federal Reserve's Bullard: Will support Fed's 25 basis points rate cut in September meeting.
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