ABS-CBN News on MSN1h
Fed chair calls US the best-performing major economy in the world
Federal Reserve Chair Jerome Powell speaks during a news conference in Washington, DC, Nov. 7, 2024. Andrew ...
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 ...
Redlands Daily Facts4h
How a Trump administration could affect California’s housing crisis
If those are any indication, a Trump presidency will likely make it harder for immigrants, including mixed-status households, ...
Top Federal Reserve official defends central bank’s independence in wake of Trump win
Andriana Kugler, a member of the Fed’s board, says economic research shows that an independent central bank typically does a ...
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 ...
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
San Francisco Fed2d
Examining the Performance of FOMC Inflation Forecasts
Calendar-year inflation forecasts from Federal Open Market Committee meeting participants typically start near 2% and then ...
Is There a Gender Gap in Home Equity Loans?
A home equity loan is a type of secured installment loan in which the borrower uses their home equity as collateral. The ...
Would the Fed ever rely on AI to decide interest rate moves? The risks are high.
AI could generate detailed economic scenarios for comprehensive stress-testing and analyze vast amounts of textual data for real-time market sentiment insights. Yet there's also the risk of AI ...
CNBC14d
When will interest rates go down?
On Sept. 18, 2024, the Federal Reserve cut rates for the first time in over four years, lowering the target federal funds range by half a percentage point, or 50 basis points, to 4.75% to 5.00%.