Fed Chair Powell hints at no interest rate cut in May, keeping rates higher for longer
The US economy’s enduring strength and a “lack of progress” on inflation means the central bank likely won’t cut interest rates at its upcoming policy meeting just two weeks away, Federal Reserve Chair Jerome Powell said Tuesday.
Investors who study historical precedent may be surprised with their findings regarding the relationship between, interest ...
The rise in rates last week pushed the 10-year to its highest level since the peak at 5% in October of last year. Read what ...
Global economy to see steady growth, US to outshine advanced economies with 2.7% growth in 2024 and 1.9% in 2025, driven by ...
Rolling coverage of the latest economic and financial news, including the latest Chinese GDP report and UK unemployment data ...
While increased interest rates are improving the returns on high-yield savings accounts, that may not be an effective place ...
Total retail sales jumped by 0.7% seasonally adjusted in March from February, after having jumped by an upwardly revised 0.9% ...
By Ben Glickman Interactive Brokers Group's revenue and profit both rose in the first quarter as higher interest rates continued to boost results.
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