Fed to Hold Rates in Jan as Trump's Policies Stir Inflation Worries: Reuters Poll
BENGALURU (Reuters) - The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, ...
DeSantis' chosen Rubio replacement Moody wants to tackle inflation, spending, border: 'Audit the Fed!'
Florida Attorney General Ashley Moody, who is slated to join the U.S. Senate, called for auditing the Federal Reserve, pledged to oppose government spending, and indicated she will advocate for border ...
Fed Rate-Cut Odds Rise
Fears of elevated interest rates dampened the mood on Wall Street at the start of this year–but cooling core inflation and dovish comments by Federal Reserve governor Christopher Waller have given ...
Amex to Pay $230 Million Over Prior Sales Practices
American Express Co. will pay about $230 million to resolve a long-running investigation into some of the firm’s prior sales ...
Donald Trump promises to create the External Revenue Service. Will it impact your wallet?
President-elect promises to create External Revenue Service to collect tariffs. But will the ERS also impact your spending power?
Morning Bid: Waller and Bessent help peg back Treasury yields
A look at the day ahead in U.S. and global markets from Mike Dolan Salvos from a Federal Reserve governor and the incoming ...
Chinese Economy Grew 5% In 2024 (If You Believe It), U.K. Retail Sales Disappoint, And 'Day One' Looms
USD is firmer versus most G10 currencies, but the tone is consolidative. US index futures are trading firmer. Investors, ...
Wall Street Has No Clue What the Fed Will Do in 2025
Citi—which anticipates five rate cuts in 2025—has a downbeat forecast for a meager 0.7 percent growth. Bank of America is forecasting an above-consensus 2.4 percent growth for the year, hence their ...
Antelope Valley Press2h
Only path leading all the way out of inflation quagmire
The Federal Reserve’s premature victory lap over inflation reveals a worrisome misunderstanding of the predicament we still find ourselves in. Unprecedented government spending and debt, combined with ...
Wall Street banks sense opportunity for looser capital rules as Trump ushers in new era
Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big ...
Meet Trump’s leading pick to oversee Wall Street regulation at the Fed
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the ...
‘We Still Have an Inflation Problem.’ A Fed Newcomer Wants to Go Slow on Rate Cuts.
The central bank’s recent infusion of financial-market brawn includes Beth Hammack, who worked for three decades at Goldman ...