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Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.
The Treasury secretary urged Congress to raise the borrowing cap by mid-July.
U.S. stock futures swung between gains and losses on Friday after 3 days of advance on Thursday. Futures of indices were ...
The prospect of tariffs fueling inflation later this year leaves the Federal Reserve in an impossible situation: Cut rates ...
Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher ...
Wall Street climbs in choppy trading after Fed warns of rising risks for economy, holds rates steady
Shares have advanced in Asia after the U.S. and China said they are planning trade talks in Switzerland later this week.
Finally, there are key dates to watch out for next month ... May 8 - Bank of England interest rates announcement The Bank of England will make its next interest rates announcement on May 8.
Finally, there are key dates to watch out for next month if you claim benefits ... May 8 - Bank of England interest rates announcement The Bank of England will make its next interest rates ...
Finally, there are key dates to watch out for next month ... May 8 - Bank of England interest rates announcement The Bank of England will make its next interest rates announcement on May 8.
"[We see a] probable recession soon." Meanwhile, manufacturers' message to the Fed is clear: lower interest rates now. "Please lower interest rates," one manufacturer said. "We need it in order to ...
The Federal Reserve policy committee's next meeting is May 6 and May 7. Savers will still find relatively high interest rates, but they've fallen from 2024. A war of words over inflation and ...
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