Strong US data feeds doubts about Fed December rate cut
Strong U.S. economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and extent of interest rate cuts as investors on Friday further downgraded their expectations for a rate reduction at the central bank's December meeting.
Credit card debt climbed $24 billion over a three-month stretch ending in September, soaring to a level 8% higher than where ...
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for ...
U.S. stock index futures turned positive on Wednesday after an in-line reading of the consumer price index did little to ...
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
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