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 ...
Tag: Cut
US Fed holds rates steady, nods to possible September cut
WASHINGTON: The Federal Reserve held interest rates steady on Wednesday but opened the door to reducing borrowing costs as soon ...
U.S. airlines cut growth plans in a bid to stem profit-eating fare discounts
U.S. airlines are reducing their capacity through the end of the year in a bid to cool an oversupplied domestic market that ...
A super-sized Fed rate cut is becoming a more popular bet
Bond traders who’ve set themselves up for gradual interest-rate cuts starting in September are ramping up side bets in case ...
UPS shares fall 12%, post worst day on record after earnings miss and guidance cut
A person walks into a UPS (United Parcel Service) customer center on April 1, 2024 in Los Angeles, California. Mario Tama ...
Traders see the odds of a Fed rate cut by September at 100%
Federal Reserve Bank Chair Jerome Powell speaks during a House Financial Services Committee hearing on the Federal Reserve's Semi-Annual Monetary ...
Fed Governor Waller sees central bank ‘getting closer’ to an interest rate cut
Federal Reserve Governor Christopher Waller on Wednesday suggested that interest rate cuts are ahead soon as long as there are ...
Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates
An employee handles one kilogram of gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, ...
Fed would not wait for 2% inflation to consider rate cut: Powell
Washington, Jul 10, 2024 -The US central bank will not want to wait for inflation to cool to its two ...
Fed says it’s not ready to cut rates until ‘greater confidence’ inflation is moving to 2% goal
Federal Reserve officials at their June meeting indicated that inflation is moving in the right direction but not quickly enough ...
