Monday, December 23, 2024
- Advertisement -spot_img

TAG

unemployment rate

US economy grew at a solid 3% rate last quarter, government says in final estimate

WASHINGTON (AP) — The American economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business...

A global hunt for neutral to shape world finance costs

By Howard Schneider and William SchombergWASHINGTON/LONDON (Reuters) - With key central banks now aligned in cutting interest rates a real-time experiment is underway in...

Morgan Stanley outlines the best-case scenario for stocks in the 4th quarter

The Federal Reserve delivered on Morgan Stanley's best-case scenario for rate cuts last week.Morgan Stanley is now looking ahead at the perfect mixture of...

American consumers are feeling less confident as concerns about jobs take center stage

WASHINGTON (AP) — American consumers are feeling less confident this month as concerns about jobs rose significantly.The Conference Board, a business research group, said...

Fed Is About to Get Validation for Its Jumbo Rate Cut

(Bloomberg) -- The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut...

The many challenges facing Jay Powell as he tries to pull off a soft landing

Jay Powell argued this week that the Fed is not "behind" as it starts a cycle of interest rate cuts.His main challenge in the...

BofA now expects Fed to go for 75-bp cut in Q4 after bumper rate reduction

(Reuters) - BofA Global Research raised its forecast for the Federal Reserve's anticipated interest rate cuts for the remainder of this year to 75...

Dollar rebounds after Fed goes big on rate cut

By Rae WeeSINGAPORE (Reuters) - The U.S. dollar rose broadly on Thursday, recovering from an earlier tumble in the immediate aftermath of the Federal...

The Federal Reserve is finally lowering rates. Here’s what consumers should know

NEW YORK (AP) — The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans,...

US retail sales ticked up last month in sign of ongoing consumer resilience

WASHINGTON (AP) — Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve...

Fed to go big on first rate cut, traders bet

By Ann Saphir(Reuters) - Traders on Tuesday kept bets the Federal Reserve will start an expected series of interest rate cuts with a half-percentage-point...

Welcome to interest-rate-cut week: Here’s how the Fed’s next move will impact everything from home prices to new-car loans

It's all but guaranteed that the Federal Reserve will cut interest rates this week.It comes after years of aggressive inflation fighting from the central...

Latest news

- Advertisement -spot_img