Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’
Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact ...
Tag: Breaking News: Economy
Philadelphia Fed President Harker advocates for interest rate cut in September
Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest rate cut on the way ...
Fed minutes point to ‘likely’ rate cut coming in September
Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, stopping short while indicating that ...
U.S., China sign agreement to cooperate on financial stability
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, ...
Here’s the deflation breakdown for July 2024 — in one chart
Fotostorm | E+ | Getty ImagesInflation cooled below 3% in July 2024, the first time it dropped beneath that level ...
HelloFresh shares pop 11% as meal kit giant beats profit estimates
Shares of German meal kit firm HelloFresh jumped on Tuesday after the company reported a better-than-expected profit in the second ...
Chicago Fed President Goolsbee says if economy deteriorates, Fed will ‘fix it’
Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in ...
Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets
A general view of the Eiffel Tower with the Olympics rings pictured with national flags of competing countries from the ...
Sahm Rule creator doesn’t think that the Fed needs an emergency rate cut
The U.S. Federal Reserve does not need to make an emergency rate cut, despite recent weaker-than-expected economic data, according to ...
A ‘soft landing’ is still on the table, economists say
Traders on the floor of the New York Stock Exchange during afternoon trading on Aug. 02, 2024.Michael M. Santiago | ...
