Top Fed official says US economy ‘well positioned’ for soft landing
A top Federal Reserve official said the central bank was now “well positioned” to pull off a soft landing for the US economy, as he signalled support for a slower pace of cuts after September's big ...
Zawya50m
Fed's Musalem argues for more rate cuts, says data to drive easings
Musalem argued for a cautious pace of rate cuts, even as he noted that he expects inflation to move back to 2% on a 12-month basis over the next few quarters and sees the current state of the job ...
Is the dollar’s decline already over?
That means the dollar’s current valuation already reflects expectations of another 1.5 percentage cut in the benchmark Fed fund interest rate between November and the end of 2025. Further rate cuts ...
After Monday’s crash of Indian stock markets, here’s what to expect from Sensex, Nifty 50
Indian stock market braces for a volatile session following global market sell-off. Key factors influencing markets include ...
NewsNation9m
Credit card rates hit historic highs as banks raise fees
The average credit card interest rate reached 21.5% in May, the highest level since the Fed began tracking the data in 1994, ...