Tag: interest
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Fed Governor Bowman says December interest rate cut should be the last
Michelle Bowman, governor of the U.S. Federal Reserve, speaks during the Exchequer Club meeting in Washington, D.C., on Feb. 21, 2024.Kent Nishimura |...
If interest rates stay ‘higher for longer,’ the winners are those with cash accounts
Images By Tang Ming Tung | Digitalvision | Getty ImagesMany people, especially those with debt, will be discouraged by the recent Federal Reserve...
Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at...
Powell says Fed doesn’t need to be ‘in a hurry’ to reduce interest rates
Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far...
