Gold Prices At 2-Month Low: Why Are Bullion Rates Falling?
The latest gold and silver prices are at their two-month lows as the prices below this were last recorded on September 20, ...
What evidence tells us about the Fed’s independence and Trump
Powell has been robust with the president-elect, but the inflation-reducing benefits of independence are not entirely safe in the US ...
American Banker2h
Post-election surge in Treasury yields means more near-term CRE pain
Treasury yields rose the day after President-Elect Donald Trump was picked. The short-term result: It's harder for commercial ...
Boston Fed president says December rate cut not a 'done deal', WSJ reports
Federal Reserve Bank of Boston President Susan Collins said in an interview with the Wall Street Journal that another rate ...
tbsnews2h
Dollar set for big weekly gain as Powell sends yields up, China data mixed
Asian shares looked to end a brutal week on a steadier note, helped by Chinese data showing retail sales in the world's second-biggest economy beat forecasts in October in a welcome sign for consumer ...
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
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.
American Banker16h
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 conference this week. Here's how banks and ...
Investors are underestimating how deep rate cuts will be in 2025, Goldman says
The market is underestimating how much the Federal Reserve's will cut rates in 2025, Goldman Sachs says. The Fed fund rate ...
Here's Why I'm Not Opening CDs This November -- Even With Rates at Over 4%
Even if you don't end up snagging a 10% yearly return in your portfolio, there's a good chance you'll end up doing better than what today's top CDs are paying. So there's no need to settle for 4.5% or ...