Why credit card rates remain high, even after interest rate cuts
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
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Powell: Fed is in no hurry to lower interest rates
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
4 Smart Places to Safely Stash Savings Now That the Fed Has Cut Rates
Even with two Fed rate cuts now in the books, you can still easily earn 4% to 5% returns in a number of risk-free ways. One ...
Buying bonds when the Federal Reserve started cutting rates was a mistake that may soon get bigger
Many investors moved into Treasury bonds assuming prices rise. That didn't go according to plan and the bond yield pressure isn't going away.
US weekly jobless claims fall; unemployment rolls shrink
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market ...
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Policymakers defend Fed independence amid concerns about Trump era
Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that ...