BING NEWS:
  • Fed goes quiet ahead of its Nov. 7 meeting, with quarter-point cut seen as likely
    The central bank isn’t likely to change its mind, even with two key data points and presidential election coming before their meeting, economists said ...
    10/26/2024 - 1:10 am | View Link
  • Will the Fed skip a meeting? Don't bet on it, says RenMac's Dutta.
    A round of robust economic data, including a strong September jobs report and a firmer core PCE inflation reading, following the Federal Reserve's jumbo rate cut of 50 basis points in September is lea ...
    10/14/2024 - 4:10 am | View Link
  • JPMorgan sets aside more money for potential bad loans but says consumers are on ‘solid footing’
    The Fed’s mid-September interest rate cut happened ... ones — will affect banks’ results going forward. At their last meeting Sept. 18, Fed officials reduced their rate to 4.8%, from a ...
    10/10/2024 - 1:00 pm | View Link
  • Fed Vice Chair Jefferson: rate cut aimed at keeping US job market strong
    "The cooling in the labor market is noticeable," he said. In language that closely echoed the Fed's post-meeting statement issued last month, Jefferson said he would watch incoming data ...
    10/8/2024 - 12:33 pm | View Link
  • Fed's Williams announces new effort on reference rates
    He added in the text of a speech prepared for delivery at an event at his bank that the first meeting of this group ... them may be changing too." The statement added the panel "will promote ...
    09/26/2024 - 8:03 am | View Link
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Welcome to Wopular

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