Browsing: Interest Rates
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a widely anticipated…
Powell warns not to count on a December rate cut just yet—the Fed is extremely divided, and a further cut is ‘not a foregone conclusion. Far from it’
Federal Reserve Chair Jerome Powell cautioned markets on Wednesday not to assume another rate cut is guaranteed in December, saying…
Powell says that, unlike the dot-com boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’
“I won’t go into particular names,” Powell told reporters after the Fed’s policy meeting, “but they actually have earnings.”“These companies……
The Federal Reserve faces an unprecedented challenge as it prepares to set interest rates next week—making its decision with almost no…
Powell just gave his strongest hint yet that rate cuts are coming, and investors are jubilant: ‘Stage is set for parabolic Q4’
Federal Reserve Chair Jerome Powell is not known for giving decisive hints. Still, on Tuesday he did something rare: He…
Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’ on Americans
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him. Inflation has come down…
Jerome Powell on signs of an AI bubble and an economy leaning too hard on the rich: ‘Unusually large amounts of economic activity’
For months, Wall Street commentators have fretted that the artificial intelligence boom looks like a bubble, with capital spending –…
Don’t hold your breath waiting for a lower mortgage rate or auto loan after the Fed cut, analyst says: ‘Unlikely to make a noticeable difference’
The Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months. Since the last cut, progress…
The case for a bigger rate cut is gaining momentum. After another dismal jobs report, some economists say the Federal…
As young Americans struggle with high costs of living and salaries that haven’t kept pace with inflation, some of them…












