Atlanta Fed GDP Tracker Revised To 3.0% Growth In Q3; Focus On Fed's Rate Cut Move Today
We note that the Atlanta Fed GDP tracker was revised yesterday to 3.0% growth in Q3. Benchmark 10-year yields are 3-5 bp ...
CD Interest Rates Forecast: Will CD Rates Go Up In 2024?
As the Federal Reserve starts to cut rates, what's happening to interest rates on certificates of deposit (CDs)? After steady ...
Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates
The annual inflation rate in August was 2.5%, but core inflation remained sticky at 3.2%, according to the latest Consumer ...
The latest inflation report keeps the Fed on track for a quarter-point rate cut. Wall Street isn't satisfied.
The paltry CPI report means the Fed will likely only cut interest rates by a quarter percentage point. Wall Street, for ...
Fed meeting today: Fed decides on aggressive 50 basis-point cut in interest rates.
The rate of U.S. inflation is still on track to slow to the Fed’s 2.0% goal in 2026, the central bank predicted. Many economists believe the rate of inflation, using the Fed’s preferred PCE price ...
Asian Markets Track Wall Street Record To Extend Global Rally
Asian markets rose Friday to build on the latest global rally after a jumbo US interest rate cut this week, while the yen ...
WPRI 12 on MSN1d
Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also ...
A juicy rate cut and new evidence of a surprisingly resilient economy, Yardeni Research calls it ‘nirvana’
The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.
'The time has come': Why the August jobs report keeps the Fed on track for a 25 basis point rate cut
A rebound in the job market in August that still showed signs of cooling is likely to keep the Federal Reserve on track to ...
Asian Stocks Follow Wall Street's Rate-Cut Rally Higher, as BOJ Stands Pat
Asian stocks have surged, with Japan’s Nikkei 225 index leading gains after Wall Street romped to records following the ...