Citadel Securities’ Inflation Head Says Tariffs No Worry for Fed
Citadel Securities’ Durham Abric says the Federal Reserve’s interest-rate path probably will be uninterrupted by the incoming ...
Credit card debt hit a record $1.17 trillion. It’s a red flag for budgets.
Americans are putting more on plastic, a sign that household cash flow is shaky and spending is unsustainable.
AMERICAS Fed draws veil over post-election easing
Fed boss Jerome Powell didn't give much away in a keenly-watched set-piece speech on Thursday, but made it clear that the ...
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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 ...
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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.
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.
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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 ...