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Stock impact report

Fed's Goolsbee sees gradual policy rate cuts over next 12-18 months [Yahoo! Finance Canada]

PagSeguro Digital Ltd. Class A Common Shares (PAGS) 
Last pagseguro digital ltd. class a common shares earnings: 2/27 05:11 pm Check Earnings Report
US:NYSE Investor Relations: investors.pagseguro.com
(Reuters) - Chicago Federal Reserve Bank Austan Goolsbee on Thursday said he sees a series of interest-rate cuts over the next year to year and a half, noting that inflation is now near the Fed's 2% goal and the economy is about at full employment, and the Fed's goal is to freeze those conditions in place. "Over a 12-18 month period, I think we are going to gradually, whatever word you want to use, move to a steady state" on the policy rate, Goolsbee said in a CNBC interview. He noted that there was broad agreement among policymakers that rates need to drop a "fair amount" over that time period. Near-term, he said, there are likely to be more meetings where policy decisions will be close calls, as last month's was, as central bankers sift through sometimes conflicting data. (Reporting by Ann Saphir) Insider Monkey We recently compiled a list of 10 Stocks Under $10 With High Potential. In this article, we will look at where PagSeguro Digital Ltd. (NYSE:PAGS) ranks among the be Show less Read more
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