News

Fed's Powell cautions about higher long-term rates as ‘supply shocks' provide policy challenges
Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.
U.S. Sets August Deadline for Debt Ceiling
The Treasury secretary urged Congress to raise the borrowing cap by mid-July.
US Stock Futures Flicker Between Gains And Losses After Strong Three-Day Run: 'Tariffs Are Steering The Boat Again,' Says Expert
U.S. stock futures swung between gains and losses on Friday after 3 days of advance on Thursday. Futures of indices were ...
Analyst resets Fed interest rate cut prediction after meeting
The prospect of tariffs fueling inflation later this year leaves the Federal Reserve in an impossible situation: Cut rates ...
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Bank of England cuts interest rates and welcomes word of US-UK trade deal
The Bank of England cut its main interest rate by a quarter of a percentage point to 4.25% amid concerns over the potential ...
Why the Fed’s Waiting Game on Rate Cuts Could Extend Until September
Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher ...
Fed Holds Steady, But Stocks Could Surge on Summer Rate Cuts
To cut or not to cut; that is the question. And yesterday, to many folks’ chagrin, the Federal Reserve decided not to cut and hold interest rates steady instead. By now, you’ve probably read a handful ...