Fed policymakers are flying blind going into their meeting without official data due to the government shutdown to determine the future of interest rates.
US Fed cuts interest rate by 25 basis points to 4-4.25% while projecting two more cuts in 2025. Policymakers face pressure from slowing job gains, inflation risks, and political tensions.
Kevin Nicholson, global fixed income chief investment officer at RiverFront Investment Group, explained why he believes the U ...
Today's inflation trends are either something to worry about or no big deal, depending on which Federal Reserve officials you ask.
Senator Tim Scott, chairman of the powerful Senate Banking Committee, said a half point rate cut is possible today.
The Federal Reserve said in a report released Wednesday that economic activity in the US has changed little in recent weeks, ...
For the first time since last year, the Federal Reserve is lowering interest rates. The Fed cut its benchmark interest rate by 0.25 percentage points to between 4% and 4.25%. Financial experts have ...
The lock-in effect refers to homeowners’ reluctance to sell or refinance because their existing mortgage rates are significantly lower than current market rates. Second, Krimmel calls attention to how ...
For Indian households, savers, and investors, the Fed’s move carries different implications calling for a recalibration of financial strategies.
Will Congress shut down the US government? Discover the real impact on markets, jobs, and your money in this urgent analysis.
President Donald Trump has filed an emergency appeal with the United State Supreme Court seeking to stay a lower court order temporarily blocking the removal of Lisa Cook as governor on the Federal ...
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