Fed's Goolsbee sees 'many more' rate cuts ahead
Federal Reserve Bank of Chicago President Austan Goolsbee on Monday said he expects "many more rate cuts over the next year" as the U.S. central bank seeks a soft landing for the economy, where it controls inflation without crashing the labor market.
Currently, the Mortgage Bankers Association predicts a 6.5% average mortgage rate by the end of the year (though that ...
So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair ...
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The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...
Gold rose on Monday and lingered near record-high levels, as bullish market sentiment after the U.S. Federal Reserve cut ...
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
A shock decline in the euro zone’s main survey of the private sector economy just gave the European Central Bank a reason to ...
Oil prices gained slightly during early trade on Monday, boosted by concerns conflict in the Middle East may impact supply in ...
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JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main ...
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