Four Fed Policymakers Back Further Rate Cuts
Fed needs to continue to cut rates, Daly says
San Francisco Federal Reserve Bank President Mary Daly on Monday said she has not seen anything to suggest the U.S. central bank would stop cutting interest rates, which are "absolutely" still high enough that they are restraining the economy.
Fed cuts interest rates again — why you should refinance debt now
The coronavirus has wreaked havoc on the economy, and in an emergency response, the Federal Reserve slashed interest rates by a full percentage point—the second rate cut in two weeks and the largest in Fed history.
No Reason to Pause Rate Cuts, Fed's Daly Tells WSJ Tech Live
The Wall Street Journal’s Tech Live kicked off Monday, with San Francisco Federal Reserve President Mary Daly signaling continued interest-rate cuts. Economic growth and the labor market have both rem
Four Fed policymakers favor more rate cuts, but differ on pace
Four Federal Reserve policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how fast or far they believe any cuts should go.
Why mortgage rates are going up despite the Fed's interest rate cut
Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the first time in four years.
Fed’s Daly Says She Doesn’t See Reasons to Stop Cutting Rates
Federal Reserve Bank of San Francisco President Mary Daly said she expected the US central bank would continue cutting interest rates to guard against further weakening in the labor market.
Four Fed Policymakers Back Further Rate Cuts But Differ In Pacing
Four Federal Reserve policymakers expressed support for further cutting of interest rates. However, they differ on how fast such rate cuts should be made. Reuters reported that three of the policymakers wanted to take it slow,
The Fed feels 'no rush' to cut rates, CFRA CIO cautions
CFRA chief investment officer Sam Stovall says the bar has been set 'pretty low' for Q3 earnings and, more recently, Federal Reserve rate trajectory.
The bond market is selling off after traders got their Fed forecasts wrong
"We could easily get a scenario where the Fed will basically have to reverse course and begin to stay on hold," Apollo's ...
Fed’s Schmid Favors Slower Pace for Interest-Rate Reductions
Federal Reserve Bank of Kansas City President Jeffrey Schmid said he favors a slower pace of interest-rate reductions given ...
CNBC Daily Open: Concerns over high interest rates return, pressuring stocks
Experts and markets think both the U.S. economy and interest rates will remain warm — if not hot — to the touch.
Interest Rates and the Fed: What Economists Expect for the Rest of 2024
That is where economists see short-term interest rates by the end of this year, implying two further, quarter-point cuts by ...
Here's how interest rates impact gold prices
Ongoing conflicts around the world are significantly impacting gold's value, sometimes overshadowing the effect of interest ...
The Fed’s cutting rates. Here are three yield-curve scenarios, and what they’d mean for the stock market.
Tan Kai Xian, an analyst at financial research service Gavekal, says there are three scenarios for the yield curve, and for ...
Plastics News50m
Numbers That Matter Live: High interest rates still hurting manufacturing
With interest rates still high, that puts a squeeze on consumers, and that makes it tough to forecast any improvement yet in key plastics markets including auto and single-family home sales.
Fed’s Logan Repeats Call to Lower Rates Gradually
Federal Reserve Bank of Dallas President Lorie Logan repeated her call for the US central bank to lower interest rates at a ...