The Fed Will Cut Interest Rates At Least Twice in 2025, According to Wall Street. Here's What It Means for Stocks The soaring inflation from the pandemic is now in the rearview mirror, so the Federal Reserve is reversing its interest rate hikes from 2022 and 2023. Lower rates could boost consumer spending, which ... 12/6/2024 - 8:27 pm | View Link
Why Powell and the Fed should pause interest-rate cuts in December The conventional wisdom among economists and traders is that the Federal Reserve is going to cut its benchmark interest rate by another quarter of a percentage point on Dec. 18, and then pause at its ... 12/6/2024 - 6:57 am | View Link
Cleveland Fed's Hammack favors slower pace of rate cuts than she did in September Cleveland Fed President Beth Hammack favors taking a slow pace in adjusting the Federal Reserve's policy rate, she said Friday at the City Club of Cleveland, according to prepared text. The strength ... 12/6/2024 - 4:00 am | View Link
Hammack Says Fed ‘At or Near’ Point of Slowing Rate Cuts Federal Reserve Bank of Cleveland President Beth Hammack said policymakers are “at or near” the point where the central bank should slow the pace of interest-rate reductions, citing a strong economy ... 12/6/2024 - 4:00 am | View Link
Fed's Hammack says time to slow rate cuts may have arrived In her first major policy speech, Federal Reserve Bank of Cleveland President Beth Hammack said on Friday she’s keeping her options open when it comes to the central bank’s next policy meeting, as ... 12/6/2024 - 3:04 am | View Link
Watch Google's Quantum AI director of hardware, Julian Kelly, show off Google's new Quantum Computing Chip capabilities, performing a standard benchmark computation in less than 5 minutes that would take modern supercomputers 10 septillion years to complete.
Flying anytime soon? You can now store a digital version of your passport in Google Wallet, but you can't use it everywhere. Here's what you need to know.