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post: Powell: We’ve Seen Demand for Workers Cooling Off Pretty Substantially Powell: You Also See Wages Coming Down Powell: I Think That Tells You That Policy is Probably Restrictive post: Powell: Credit Has Been Tight for Some Time Powell: Credit Growth Has Been Modest post: Powell: We’re Not Sitting Around Wondering About Longer-Run Neutral When We Make Policy Today post: Powell: US Banking System Overall is in Good Shape Powell: Our Large Banks Are Strong, Well Capitalized post: POWELL: LENDING ACTIVITIES BY NONBANKS ARE GROWING VERY, VERY FAST POWELL: WE NEED TO MONITOR THAT VERY CAREFULLY POWELL: VERY FAST GROWTH IN ANYTHING RAISES FINANCIAL STABILITY CONCERNS
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Kazakhstan reawakened a divisive issue among the OPEC+ group with regard to oil production quotas. Kazakhstan said on Tuesday that it felt it should be allowed to increase its crude oil production in 2025, Interfax reported, despite its membership in the group that seeks to maintain balance in the global crude oil markets. Kazakhstan’s energy ministry said ...