2024-08-09 | Industry Dynamics
A sharp slowdown in the U.S. job market, which has triggered days of global stock market turmoil, has also led to speculation that the Federal Reserve might not wait until its next scheduled meeting in September to cut interest rates.
2024-08-01 | Industry Dynamics
Stocks and government bonds experienced significant gains on the last day of July, marking a strong close to a fluctuating month in global markets.
2024-07-04 | Industry Dynamics
Federal Reserve officials, during their June meeting, noted that while inflation is heading in the right direction, it hasn’t decreased swiftly enough to justify lowering interest rates just yet. The minutes from the meeting, released on Wednesday, reveal that policymakers are seeking more robust data before feeling confident enough to reduce rates.
2024-06-19 | Industry Dynamics
Federal Reserve officials are cautiously optimistic about potential interest rate cuts later this year, seeking further signs that inflation is subsiding without negatively impacting a robust labor market.
2024-06-13 | Education
Central banks around the world have begun to cut interest rates, with the market now focusing on the U.S. Federal Reserve’s impending rate decision.
2024-06-13 | Industry Dynamics
Federal Reserve officials have scheduled just one interest rate cut for this year, responding cautiously even as recent inflation data showed improvement. The Federal Reserve maintains its benchmark rate at a steady 5.25% to 5.5%, aligning with expectations. Projections indicate that 15 of 19 officials anticipate reducing rates this year, likely by a single cut.
2024-04-09 | Industry Dynamics
Today’s News Jamie Dimon, CEO of JPMorgan Chase, has maintained a cautious stance on the economy over the years. In his recent communication with JPMorgan Chase shareholders, he issued a stark warning about the potential trajectory of U.S. interest rates, envisioning a surge to 8% or beyond in the coming years. Dimon attributed this […]
2024-04-04 | Industry Dynamics
Today’s News Federal Reserve Chair Jerome Powell restated on Wednesday the central bank’s anticipation for interest rate cuts this year, despite the recent surge in economic activity. Powell highlighted that despite the stronger-than-expected economic performance, the Fed’s overarching expectation of diminishing inflation still allows room for interest rate reductions. Powell emphasized that indicators suggest the […]
2024-03-21 | Industry Dynamics
Today’s News Cash investments have been a popular choice, offering substantial returns, particularly exceeding 5%, ever since the Federal Reserve began raising interest rates. However, the landscape is shifting as the central bank hints at potential rate cuts. Certificates of deposit (CDs), money-market funds, and similar investments have been yielding attractive returns, but signs of […]
2024-03-07 | Industry Dynamics
Today’s News On Wednesday, the stock market experienced a resurgence following Federal Reserve Chair Jerome Powell’s assurance to the House Financial Services Committee that the central bank maintains its course toward reducing interest rates this year. Powell’s remarks, released before the opening bell, initially propelled major indexes upwards, although they tapered off towards the market […]
