Powell says Fed doesn’t need to be in a hurry to lower rates
Fed officials want downward pressure on the economy to ensure inflation cools to 2 per cent target. Read more at straitstimes ...
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Powell says Fed can take its time on rate cuts
Last month, Fed officials signaled they expect just two rate cuts for all of 2025, a shallower path of reductions than ...
The Fed Pushes Pause
As was expected, the FOMC announced it would hold its federal funds rate target at 4.25-4.5 percent. This ended the ...
Federal Reserve holds rates steady while looking for further inflation progress
Federal Reserve officials held interest rates steady, pausing to assess the inflation outlook following a string of rate ...
Trump lashes Powell after Fed keeps rates on hold
Policymakers said they “will carefully assess incoming data, the evolving outlook, and the balance of risks” in determining ...
Fed holds rates steady as Trump tariffs loom, economy hums
The Federal Reserve held interest rates steady Wednesday after price increases ticked up over the past three months, ...
Federal Reserve expected to stand pat on rates even as Trump demands cuts
Real-time index price for S&P 500 Information Technology [Sector] (SRIT), along with buy or sell indicators, analysis, charts, historical performance, news and more ...
There's little to keep the stock market down as retiring boomers share their wealth
The resulting positive wealth effect is undoubtedly boosting consumer spending, especially of retiring baby boomers, who are enjoying the windfalls in the value of their stock portfolios and homes.