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 ...
Tag: rate
Amazon hits $2 trillion in valuation on AI fervor, rate cut bets
Amazon.com Inc hit $2 trillion in market value for the first time on Wednesday, becoming the fifth U.S. company to ...
Fitch pushes back China rate cut expectations to next year as Fed holds interest rates steady
People walk past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, ...
The U.S. economy is the most dynamic it’s ever been as AI and infrastructure overpower Fed rate hikes, ‘Big Short’ investor Steve Eisman says
Wall Street has been puzzling over the U.S. economy’s continued resilience in the face of aggressive rate hikes from the ...
Here’s the Fed’s new rate forecast that’s moving the markets
Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain unchanged during a news conference at the bank's ...
Gen X cancer rate set to surpass those of Baby Boomers
While cancer deaths have steadily declined over the past 30 years, cancer rates have been on the rise—especially, a new ...
Federal Reserve is likely to scale back plans for rate cuts because of persistent inflation
Federal Reserve officials on Wednesday will likely make official what's been clear for many weeks: With inflation sticking at a ...
Bitcoin Tumbles Below $70,000: Jobs Report, ECB Rate Cut Deliver Double Whammy
Friday delivered a double whammy to the Bitcoin market, exposing the cryptocurrency’s sensitivity to the ever-shifting sands of global economics. ...
ECB jumps ahead of Fed, cuts interest rate by 25 bps for first time since 2019
The European Central Bank cut its key interest rate Thursday by a quarter point, moving ahead of the U.S. Federal ...
Watch Governor Andrew Bailey speak after the Bank of England’s rate decision
Bank of England Governor Andrew Bailey is speaking at a press conference following the U.K. central bank's latest monetary policy ...
