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(Bloomberg) -- The Federal Reserve has taken steps to reduce the stigma that has long plagued its discount window, though recent surveys indicate banks are still hesitant to use the key backstop facility. Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfCity Hall Is HiringAmerican Institute of Architects CEO ResignsLondon’s Tube Fares Are Set to Rise by 4.6% Next YearPolicymakers and regulators want banks to be more comfortabl

WASHINGTON (Reuters) -U.S. import prices barely rose in November as increases in the costs of food and fuels were partially offset by decreases elsewhere thanks to a strong dollar, suggesting that inflation pressures could subside in the months ahead. The report from the Labor Department on Friday, which also showed a sharp drop in imported air passenger fares last month, was supportive of economists' expectations for tamer gains in the personal consumption expenditures (PCE) price measures tracked by the Federal Reserve for its 2% inflation target. "Recent dollar strength should be a headwind for import price growth in coming months, but trade policy remains a wild card," said Michael Hanson, an economist at JPMorgan.

(Bloomberg) -- Oil prices are set for a new boom period from the middle of the next decade on continued demand growth in China and elsewhere, according to consultants Rapidan Energy Group.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersHow California Sees the World, and ItselfCity Hall Is HiringAmerican Institute of Architects CEO Resigns“As expectations of a 2030 peak in global demand recede, the reality of a

(Bloomberg) -- The United Arab Emirates, a key member of OPEC+, will reduce oil shipments early next year as the alliance seeks stronger discipline in meeting production targets to shore up prices.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersHow California Sees the World, and ItselfCity Hall Is HiringAmerican Institute of Architects CEO ResignsAbu Dhabi National Oil Co., known Adnoc, has cut the allocation o

U.S. investors snapped up equity funds for a sixth consecutive week through Dec. 11, spurred by the potential for a Federal Reserve interest rate cut at the upcoming meeting, amid signs of a moderating labor market and cooling inflation. They acquired a net $6.36 billion worth of U.S equity funds during the week, after a net $8.82 billion worth of additions in the previous week per LSEG Lipper data. Futures markets predict a 96.7% chance that the U.S. Federal Reserve would reduce rates by a quarter-point at its Dec. 17-18 meeting to support a cooling labor market with about 4.2% unemployment rate in November.

Global equity funds attracted inflows for an 11th successive week through Dec. 11, supported by signs that a cooling U.S. labor market and stable consumer prices might facilitate a third consecutive rate cut by the Federal Reserve this month. Investors snapped up global equity funds worth a net $10.18 billion during the week, following about $21.19 billion worth of net purchases in the prior week, LSEG Lipper data showed. Last week's U.S. employment report showed a surge in job growth for November, rebounding from disruptions caused by hurricanes and strikes, but the unemployment rate increased to 4.2%, signaling a loosening labor market that could prompt the Federal Reserve to cut interest ...

(Bloomberg) -- Federal Reserve officials will lower interest rates this month for a third straight time and pare back the number of rate cuts they anticipate next year, according to economists surveyed by Bloomberg News.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersHow California Sees the World, and ItselfCity Hall Is HiringAmerican Institute of Architects CEO ResignsFed Chair Jerome Powell and his colleagues