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Powell Points to 2 More Normal-Size Rate Cuts This Year
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected.
Another big Fed interest rate cut coming? One economist says yes
Plus the week included a stop in Detroit by Lael Brainard, the director of the National Economic Council, who spoke to the Detroit Economic Club.
Powell Points to Two More Normal-Size Rate Cuts This Year
Jerome H. Powell, chair of the Federal Reserve, said that central bankers will lower rates as much as needed, but have forecast two more quarter-point rate cuts this year.
6h
on MSN
What could make mortgage interest rates drop this October?
Mortgage interest rates could still fall in October, even without a Fed meeting. Here's what could cause that drop.
WMUR
2h
Fed Chair Powell says the US economy is in 'solid shape' with gradual rate cuts coming
Federal Reserve Chair Jerome Powell signaled Monday that more
interest
rate
cuts are in the pipeline but suggested they ...
3d
Here's What The Interest Rate Cut Means For Retirees
Find out how the Federal Reserve’s interest rate cut could affect your retirement savings, investments, and mortgage payments ...
28m
BOJ reduces interest rate to 6.5%
The Bank of Jamaica (BOJ) cut interest rates by 25 basis points (bps) to 6.50 per cent per annum, in a move the central bank ...
3d
on MSN
Richmond Fed president urges caution on interest rate cuts because inflation isn’t defeated
A Federal Reserve official says he supports reducing the central bank’s key interest rate somewhat from its current level.
5d
Jobs That Will Benefit From Interest Rate Cuts
Reduced borrowing costs and increased consumer spending is likely to create job opportunities and career advancements for ...
1h
on MSN
CD Interest Rate Forecast: Will Rates Go Up or Down in 2024?
What Was the CD Rate Trend in 2023? According to FDIC data, the average yield for a 12-month CD was 1.07% at the end of 2022. Because CD rates often respond to the Federal Funds Rate, they began ...
4h
Colombia Cuts Key Interest Rate to a Two-Year Low of 10.25%
Colombia’s central bank cut borrowing costs to a two-year low while ignoring President Gustavo Petro’s calls for an even ...
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