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ECB Cuts Rates for 8th Time, Widening Gap With Fed

ECB Cuts Interest Rates. It’s Way Ahead of the Fed.

The European Central Bank lowered interest rates again on Thursday, as widely expected. It may add to President Donald Trump’s frustration with Federal Reserve Chair Jerome Powell. Trump on Wednesday said Powell should be cutting rates now,

The Wall Street Journal on MSN · 15m

ECB Cuts Rates for Eighth Time, Widening Gap With Fed

FRANKFURT—The European Central Bank reduced its key interest rate to the lowest level since early 2023, and signaled it is nearing the end of its rate-cutting cycle as inflation abates.The ECB on Thursday cut its deposit rate to 2% from 2.

Investopedia · 18h

2 Reasons Not to Wait for a Fed Rate Cut Before Locking Your Mortgage Rate

Yes, the Federal Reserve could cut interest rates later this year. Or, maybe it won't. In any case, a Fed reduction offers no guarantee that mortgage rates will go down.

Fed lifts curbs on Wells Fargo

The Washington Post · 1d

Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal

The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture

Reuters on MSN · 1d

Fed lifts Wells Fargo's asset cap, citing progress from sales scandal

The U.S. Federal Reserve announced on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion asset cap the regulator imposed on the bank in 2018 following its long-running sales practices scandal.

Washington Examiner on MSN · 1d

Federal Reserve lifts asset cap placed on Well Fargo after 2018 fake accounts scandal

Federal regulators moved to lift their punishment against Wells Fargo, which prevented its growth following the bank’s fake accounts scandal in 2018. The Federal Reserve Board of Governors voted Monday to remove an unprecedented restriction that had capped the bank’s assets at approximately $1.

8don MSN

Trump-nominated FHFA director presses for Fed chair Powell to cut interest rates: 'Enough is enough'

Federal Housing Finance Agency Director William Pulte presses for Federal Reserve Chair Jerome Powell to cut interest rates, ...

With the Fed on Pause, Why Is the Top CD Rate Now Higher?

The Fed hasn't adjusted interest rates this year, and isn't expected to make a move for months. Yet today's highest CD rate ...

6don MSN

Fed's Logan says it 'could take quite some time' to see a shift in balance of risks

Federal Reserve Bank of Dallas President Lorie Logan on Thursday signaled that the central bank may need to keep short-term ...

19h

Fed points to decline in economic activity: Beige Book takeaways

The Federal Reserve emphasized the decline in US economic activity in its latest Beige Book published on Wednesday. Yahoo Finance senior Fed reporter Jennifer Schonberger explains the biggest ...

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