Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet
In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally attuned to risks from both sides of the mandate, and would proceed cautiously with future rate cuts to avoid reigniting rapid inflation.
The Fed could be in wait-and-see mode as the president-elect develops his economic strategy for 2025 and beyond.
The impact of interest rate reductions will help small and mid-sized banks, which had big exposure in commercial real estate ...
A four-digit slide on a single day is a rare event. The Federal Reserve lowered its benchmark interest rate by a quarter ...
To be sure, the central bank has emphasized that it will adjust its rate decisions based on incoming economic data. Evidence ...
The news: The Federal Reserve on Wednesday delivered its third interest rate reduction in three months, but it bundled the ...
The central bank is widely expected to make its third interest-rate cut of 2024 Wednesday, at its last meeting of the year.
Earlier this month, IRFC raised Rs 2,345 crore through 10-year bonds at a coupon rate of 7.09 per cent. The coupon rate for ...
Brazil economists raised their forecasts for inflation and borrowing costs in 2025 after central bankers reinforced their ...
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