Hot Inflation In January 2025 Reduces Odds Of Fed Interest Rate Cuts
January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation ...
Powell: No Hurry to Lower Interest Rates, Economy ‘Strong’
The hearing before the Senate Banking Committee was relatively quiet absent a few back-and-forths on the economic effects of ...
Powell Tells Congress Fed Still in No Rush to Lower Rates
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...
Bank of England's Mann says no to 'cut, cut, cut' on rates
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...
Are Interest Rate Cuts Still On The Table As U.S. Inflation Remains Sticky?
With the latest U.S. inflation report coming in hotter than expected to start the year, are Fed interest rate cuts still on ...
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
Trump says lower interest rates would go hand-in-hand with tariffs
President Donald Trump on Wednesday said that interest rates should be lowered and that would go "hand in hand" with his ...
Savings account interest rate increased by 0.50% to 6.5% for these bank customers on specific balances, highest rate at 7.5%
You can get up to 7.5% interest on savings account balance on maintaining a particular daily balance. However, for some ...
Bank cuts interest rates and slashes growth forecast
Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.
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Trump blames Biden for hot inflation report, calls for lower interest rates as markets plunge
President Trump Wednesday blamed Biden for a hot inflation report and called for lower interest rates. The Fed is likely to ...
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Federal Reserve's Jerome Powell says there's no need to rush on interest rate cuts
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...