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Fed’s Jerome Powell hints at more rate cuts
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.
Gold off record highs as Fed's Powell signals smaller rate cuts
Gold prices were hovering below recent record peaks on Tuesday after the U.S. Federal Reserve chair tempered expectations for more substantial interest rate cuts this year, with investors looking forward to a series of labour data this week for further insights.
The Dow drops 350 points after Fed chair Jerome Powell signals a slow approach to interest rate cuts
The Dow Jones Industrial Average (DJIA) dropped more than 350 points Monday afternoon after Federal Reserve Chair Jerome Powell said that more interest rate cuts were coming, but that the central bank is not in a rush to “cut rates quickly.
2h
Rupee may struggle after Powell dampens hopes of another jumbo rate cut
The Indian rupee is expected to open slightly weaker and stay under pressure on Tuesday after Federal Reserve Chair Jerome ...
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 ...
7d
Interest Rate Cuts: A Blessing or a Curse for Your Stocks?
Since the 1970s, the performance of the S&P 500 has been slightly below average in the 12 months after the first interest ...
11h
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.
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 ...
5h
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 ...
6h
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 ...
8h
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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