Fed’s Favored Price Gauge Seen Substantiating Rate Cut
The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and Chair Jerome Powell’s view that the ...
Fed and politics: Central bank delivers jumbo rate cut ahead of presidential election
Donald Trump continued his criticism of the Federal Reserve’s move to cut interest rates by 50 basis points less than two ...
AI may lead to inflationary pressures: Bank of Canada
Bank of Canada Governor Tiff Macklem discusses the inflationary pressures and financial stability risks posed by artificial ...
China Ex Central Bank Adviser Proposes $1.4 Trillion in Stimulus Measures
HONG KONG (Reuters) - China could issue ultra-long-term treasury bonds within two years to generate at least 10 trillion yuan ($1.4 trillion) worth of stimulus to the economy, a former central bank ...
Here's what Westpac says the RBA will do with interest rates next week
Is relief coming for borrowers next week? Let's find out. The post Here's what Westpac says the RBA will do with interest ...
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
Crypto.com gains payment service license from Bahrain central bank
Crypto.com strengthens its MENA presence by obtaining a full payment service provider license from Bahrain’s Central Bank, ...
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The Fed's half-point interest rate cut surprised the markets
The Fed's giant-sized rate cut may have at least delayed the downside that usually accompanies this seasonal period in the ...
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...
US inflation data cemented big cut for one Fed official, dissent for another
Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage ...
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...