Tag: Interest rates
September 2024 Federal Reserve Meeting: Fed Cuts Rates by Half Point
The Federal Reserve took action on Wednesday by cutting Interest rates for the first time since the early stages of the Covid pandemic. The half a percentage point reduction in
DetailEuro Zone Inflation Below ECB Target, Says Bundesbank Chief – Reuters
Euro zone Inflation remains a concern for the European Central bank, according to Bundesbank President Joachim Nagel. Despite a recent rate cut, Nagel emphasized the need for Interest rates to
DetailDebate Swirls Over the Impact of Fed’s Rate Cut
The Federal Reserve is expected to announce a cut in Interest rates for the first time in over four years, signaling a shift from restrictive policies aimed at controlling Inflation.
DetailLawmakers attempt to influence the Federal Reserve is undermining their role
Rep. Patrick McHenry, R-N.C., criticized politicians on Tuesday for publicly discussing the Federal Reserve’s interest rate policy. McHenry, the outgoing chair of the House Financial Services Committee, expressed his dismay
DetailDallas Fed’s former head calls for 0.5% interest rate cut
Former Dallas Fed President Robert Kaplan believes that a half percentage point interest rate cut at the upcoming Federal Reserve meeting would be the optimal move. Kaplan stated that a
DetailUS Home Builder Confidence Grows Slightly Amid Anticipation of Rate Cut
U.S. home builder confidence saw a slight increase in September due to lower mortgage rates, interrupting a four-month decline but still remaining relatively low due to rising construction costs. The
DetailFutures Drive Higher as Market Focuses on Fed’s Impact, Intel and Amazon AI Chip Partnership Deal
Stock futures on Wall Street are slightly higher as investors await the Federal Reserve’s interest rate decision this week. Intel shares saw a spike in extended hours trading after announcing
DetailThe Hidden Cost of 401(k) to IRA Rollovers: What You Need to Know
When transferring funds from a 401(k) plan to an individual retirement account (IRA), many investors make a costly mistake by keeping their money in cash instead of investing it. Rollovers
DetailHigher Odds of Fed Making Significant Interest Rate Increase Seen in US Interest Rate Futures
Futures on the fed funds rate are indicating a strong possibility of a 50 basis-point rate cut by the Federal Reserve on Wednesday, according to calculations. The odds of a
DetailTaiwan to Hold Rates Steady Amid Inflation Concerns: Reuters Poll
Taiwan’s Central bank is expected to maintain its current policy interest rate this week as it navigates concerns about Inflation, according to a Reuters poll of economists. The benchmark discount
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