Craig Torres is a Reporter at Bloomberg News. He covers a range of topics within business and economics, including inflation, financial markets, and the economy, with a particular focus on the Federal Reserve and the impact of the Coronavirus. Craig's work has been featured in numerous reputable publications such as Bloomberg-Quint, Yahoo Finance, and The Boston Globe Technology.
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Craig Torres focuses on the finance and economy theme, with a strong emphasis on Federal Reserve policies, job vacancies at the Fed, monetary policy, and interest rates. His coverage attributes suggest he values data-driven insights and government announcements.
To effectively reach out to Craig Torres, offer him access to reliable data that supports economic or policy analysis. Additionally, provide expert commentary from credible sources knowledgeable about Federal Reserve operations or specific financial regulations. Given his focus on government announcements and legal policy regulation topics like monetary policy or interest rates changes should be highlighted in pitches for relevant stories.
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By: Jamie Tarabay, Craig Torres
El Departamento del Tesoro de Estados Unidos fue hackeado por un actor patrocinado por el Estado chino a través de un proveedor de servicios de software externo, según una carta que la agencia envió el lunes al Congreso.
By: Craig Torres
(Bloomberg) -- Federal Reserve Bank of Richmond President Tom Barkin said he believes the central bank's current level of interest rates remains restrictive enough to lower inflation in 2025.
Federal Reserve Bank of Richmond President Tom Barkin said he believes the central bank’s current level of interest rates remains restrictive enough to lower inflation in 2025.
While Barkin said he believes the central bank's current level of rates is restraining the economy enough to continue lowering inflation in 2025, he remains wary of potential price pressures.
By: Craig Torres
Los funcionarios de la Reserva Federal adoptaron una nueva postura sobre el recorte de tasas en medio de elevados riesgos de inflación, por lo que decidieron avanzar más lentamente en los próximos meses.
Federal Reserve officials adopted a new stance on rate-cutting amid elevated inflation risks, deciding to move more slowly in the months ahead.
Das am Mittwoch vorgelegte Protokoll der letzten Fed-Sitzung hat den Schwenk der Währungshüter zu mehr Vorsicht bei der Lockerung der Geldpolitik illustriert.
The recent rise in long-term interest rates reflects higher risk premiums as opposed to concerns about inflation, Federal Reserve Bank of Richmond President Thomas Barkin said.
At the FOMC's December meeting, “some participants stated that there was merit in keeping the target range for the federal funds rate unchanged,” minutes show.
Federal Reserve Bank of Richmond President Tom Barkin said there are still upside risks to inflation and growth, underscoring his preference to keep interest rates restrictive for longer.
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