Tag: Federal reserve
Little Relief in Sight After Fed Decides to Hold Interest Rates Steady
On Nov. 1 (Wednesday), the U.S. Federal Reserve announced it would be holding rates steady at 5.25 to...
As US Economy Stagnates, 30-year Mortgage Rate Soars
According to S&P Global’s U.S. Composite PMI Index which was released on August 23 and tracks manufacturing...
Fed Pauses Rate Hikes After 15 Months, But Chairman Says Job Not Finished
The central bank of the United States, the Federal Reserve, has paused increases to its key interest...
Meet America’s Precursor to CBDCs Launching in July: The FedNow Service
America’s central bank, the Federal Reserve, is less than four months away from launching the prelude...
US Consumer Spending Struggles Up After Two Years
U.S. consumer spending increased by the most in nearly two years in January following an uptick in wage...
Oil Prices Ease 1% as Dollar Firms and Central Banks Hike Interest Rates
Oil prices eased about 1 percent on Thursday as traders worried about the fuel demand outlook due to...
Crypto Finance Needs ‘Strong Regulation’: Federal Reserve
Plagued by volatility and turmoil in recent months, the cryptocurrency market shows the need for it to...
US Inflation Turning the Corner as Consumer Prices Rise Below Expectations
U.S. consumer prices rose less than expected in October, pushing the annual increase below 8 percent...
US Existing Home Sales Slide Again in September
U.S. existing home sales dropped for an eighth straight month in September as surging mortgage rates...
The Implosion of the Bond Market
Financial Analysis Historically, fixed-income securities such as bonds — especially the investment-grade...
UN Warns Central Banks to Pivot Away From Hawkish Policy
As central banks across the world raised interest rates and doubled down on hawkish narratives that they...
Dollar Slides as Investors Balance Positions Ahead of US Inflation Data
The dollar fell to a more than one-week low on Friday as investors consolidated gains after a sharp rise...