Fed might have cut rates at July meeting: Fed Chair Powell
The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it ...
Tag: federal reserve
Retail sales rise 0.1%, less than expected, lifting odds for big rate cut
US retail sales rose just 0.1% last month — a weaker-than-expected result that likely raises the odds for a large ...
Federal Reserve Chair Jerome Powell says ‘the time has come’ to cut interest rates
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest ...
Bear market coming in 2025 over economic slowdown, AI bubble: David Roche
Investor and strategist David Roche expects the economy to enter a bear market in 2025, he said on Monday. The ...
Elon Musk says Fed ‘foolish’ for not cutting interest rates yet
Billionaire Elon Musk said Sunday the Federal Reserve was “foolish” to not have cut interest rates sooner in the wake of ...
‘more good data’ would boost case for rate cuts
Inflation “remains above” the Federal Reserve’s 2% target, but has been improving in recent months and “more good data would ...
US headed for a deep recession, stocks could fall 30%, analyst warns
There may be trouble looming on the horizon for the U.S. stock market, according to BCA Research. In a note to ...
April job openings fall to 8.1M as signs of cooling economy emerge
US job openings fell in April to the lowest level since 2021. But they remained at historically strong levels despite ...
Pending home sales plunge to lowest level since pandemic began
Contract signings for US home purchases fell by the most in three years in April and the overall level of ...
Home prices surge to another record high in February, defying expectations
Home prices rose to a new record in February amid an ongoing housing shortage, even as high mortgage rates pushed affordability ...
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