Despite good economic news, experts warn the pain’s not over yet
The return to two per cent inflation and forecasts for more interest rate cuts are being hailed as good news, but economists warn there's more to the picture.
Fed Up With Fed Talk? Fact-Checking Central Banking Fairy Tales
The Federal Reserve's rate cuts do not directly set consumer interest rates, which are determined by market and institutional ...
Albert Lea Tribune6h
Paid political letter: Inflation “IOI”
The level of inflation we are witnessing is the unintended consequence of the Democrat’s war on fossil fuel and their determination to implement the (flawed) Green New Deal. Democrats rarely consider ...
CNET8h
Here’s How Much You’ll Earn If You Deposit $2,000 Into This CD Today
If you deposit $2,000 in CommunityWide Federal Credit Union’s one-year CD -- which has one of the highest APYs available ...
Fed governor explains dissent from 50 basis point rate cut
Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 ...
Wall Street closes its record-setting week mixed
NEW YORK — A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs ...
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
US Fed Dissenter Calls For 'Measured' Pace Of Rate Cuts
The sole holdout in the US Federal Reserve's 11-to-1 vote cementing a larger interest rate cut said Friday that the move "could be interpreted as a premature declaration of victory." ...
Trump decries Fed rate cut as ‘political move’ that won’t work
Trump has repeatedly criticized the central bank and suggested presidents should have more of an influence over the Fed’s ...
SF Weekly11h
Stock markets mostly fall after Fed-fueled rally
US and European stock markets mostly retreated Friday following a record-filled rally sparked by a jumbo US interest rate cut ...
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
Fed's Waller: Weak inflation data cemented case for 50 basis point cut
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...