Fed holds rates steady, indicates three cuts coming in 2024
The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table ...
Tag: rates
Bank of England set to hold interest rates as economists debate 2024 cuts
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021.Hollie Adams ...
Joe Biden gives a rare take on interest rates by saying the latest jobs numbers show the economy is in a ‘sweep spot’ and that rate hikes aren’t needed
President Joe Biden said Friday’s jobs report shows the labor market remains resilient as inflation continues to ease, an economic ...
Fed needs to cut rates at least five times next year, portfolio manager says
The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the U.S. economy ...
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September ...
British fintech Wise reports 280% jump in profit as higher interest rates boost income
The Wise logo displayed on a smartphone screen.Pavlo Gonchar | SOPA Images | LightRocket via Getty ImagesBritish fintech firm Wise ...
Fed holds rates at 22-year high, signals concern on yield rise
The Federal Reserve held interest rates at a 22-year high for a second straight meeting, while suggesting that the recent ...
Top economists unanimous on ‘higher for longer’ rates as inflation threats linger
Pedestrians walk past a billboard announcing the World Bank Group and International Monetary Fund annual meetings, on the side of ...
Regional bank shares slump as lenders warn of more pain from higher interest rates
Signage is displayed outside of a Comerica Bank branch in Torrance, California, on March 13, 2023.Patrick T. Fallon | AFP ...
JPMorgan Chase tops profit expectations on higher rates, benign credit
JPMorgan Chase on Friday topped analysts' estimates for third-quarter profit and revenue as the bank generated more interest income than ...
