Zawya4m
Mideast Stocks: Gulf bourses end mixed with focus on Fed
Traders responded to a U.S. inflation print that was in line with expectations by ramping up bets on a Federal Reserve rate cut next month ...
San Francisco Fed13m
A Deep Dive into the Drivers of CPI Inflation: Introducing Our New Data Page
Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
These 2 men are the front-runners to be Trump’s new Treasury secretary
Two prominent supporters of President-elect Trump’s campaign have emerged as the front-runners to lead the Treasury ...
Gold faces worst week in more than 3 years on bets of slower Fed easing
Gold traded little changed on Friday, but was set for its worst week in more than three years, hurt by a stronger U.S. dollar ...
Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’
Bitcoin’s price dropped about 2.79% after Jerome Powell stated that the Fed is in no “hurry to lower rates,” given the ...
Santa Rosa Press Democrat2h
How a Trump administration could affect California’s housing crisis
“If Trump did nothing and let the (Federal Reserve) continue lowering interest rates and didn’t enact wild tariffs, things ...
American Banker3h
What payment firms want from real-time's next chapter
Real-time payments and FedNow were top of mind at The Clearing House's Annual Convention this week. Here's how banks and ...
1 in 4 Investopedia Readers Say They Now Own Crypto—See What Else They're Buying
Investopedia readers say they now own crypto, the highest in a year, according to Investopedia's most recent survey of its ...
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Powell says the Fed doesn't need to be ‘in a hurry' to reduce interest rates
The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully,” Powell said.
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.