Browsing: cuts
The Federal Reserve rate cuts that are now projected as soon as next month will likely only lower short-term rates.That…
Last week, Fed Chair Jerome Powell signaled that the Fed is likely to lower interest rates this year. The market…
Cleveland Federal Reserve President Beth Hammack said Friday she would be hesitant about lowering interest rates as long as inflation…
Chair of the US Federal Reserve Jerome Powell speaks during a news conference following the July 29-30 Federal Open Market…
Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted…
If you’re hoping for lower mortgage rates, you might be thrilled to hear what Treasury Secretary Scott Bessent has to…
WASHINGTON – A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, despite a barrage of…
UPDATE: This article includes more details from Truist’s earnings report and comments made during the bank’s earnings call.Truist Financial is…
Inflation continued to rise in June, driven by rising costs of housing and suggesting the Trump administration’s emerging tariff policy…
The outlook for interest rates is becoming less clear-cut as Canada’s major banks rethink how far the Bank of Canada…