The Powell paradox: How the Fed chair’s words keep interest rates higher for longer
The Federal Reserve must closely monitor the impact of its public statements on market expectations and price levels, ...
What's next for US interest rates?
The Federal Reserve left interest rates unchanged again at its meeting that concluded on May 1, marking the sixth consecutive ...
Fed holds interest rates at 23-year high as inflation continues to push back timing of a rate cut
The Federal Reserve said Wednesday it will hold interest rates at a 23-year high, making borrowing tougher for everything ...
Fed president says next move likely to lower rates, but timing uncertain
Bank of New York President John Williams said the central bank will likely lower interest rates as its next policy action but ...
Jerome Powell speaks on policy outlook after keeping interest rate steady
The US Federal Reserve (Fed) will announce monetary policy decisions following the April 30 - May 1 policy meeting on ...
Fed’s Collins says she’s not surprised by unwelcome inflation data
Boston Fed President Susan Collins said Wednesday that she wasn’t surprised by the unwelcome news on inflation given the ...
The Fed hints when interest rate cuts will happen
The Federal Reserve held its benchmark lending rate unchanged Wednesday, noting a "lack of further progress" in its inflation ...
Powell Says Election Plays No Role in Rate-Move Timing
The FOMC may announce its plans for tapering its reductions in the $7.4 trillion balance sheet, so-called quantitative ...
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How The Fed’s Interest Rate Hike Will Affect Savings Accounts
But even if some banks increase their rates after the Fed hike, it will do little to offset how inflation has weakened how far those extra dollars will go. Even in a low interest rate environment ...
Wall Street Banks Readjusts 2024 Interest Rate Predictions After Fed's Dovish Turn
Wall Street is recalibrating its 2024 interest rate forecasts ... inflation reversals and subsequent rate cuts have shifted ...
Gold price edges slightly higher with eyes on Fed's policy decision
Gold price falls sharply, below the crucial support of $2,285, on expectations that the Federal Reserve will maintain a ...
This Week In Credit Card News: The Cut In Late Fees May Increase Your Card’s Interest Rate
The credit card company Synchrony Financial is hiking interest rates it charges to its customers, part of a series of steps ...