Traders raise the chances for a Fed rate cut following April inflation report
Even with inflation running well above the Federal Reserve’s goal, markets became more convinced Wednesday that the central bank will…
Inflation rate eases to 4.9% in April, less than expectations
A widely followed measure of inflation rose in April, though the pace of the annual increase provided some hope that…
Fed increases rates a quarter point and signals a potential end to hikes
The Federal Reserve on Wednesday approved its 10th interest rate increase in just a little over a year and dropped…
Here’s what to expect from today’s Federal Reserve announcement
There won’t be a lot of mystery surrounding what the Federal Reserve is going to do Wednesday with interest rates.…
Lawmakers led by Democrats urge the Fed to halt rate hikes ahead of Wednesday’s announcement
WASHINGTON — A group led by several prominent Democratic lawmakers is calling on the Federal Reserve to halt rate hikes…
Singapore’s largest lender expects net interest margins will decline, but sees other growth drivers
Singapore’s largest lender DBS Group Holdings expects net interest income to taper off in the future, but the bank is…
U.S. GDP rose at a 1.1% pace in the first quarter as signs build that the economy is slowing
Growth in the U.S. slowed considerably during the first three months of the year as interest rate increases and inflation…
‘Easy money is behind us, the hard money is now,’ Stifel’s chief strategist warns
Stock pickers may have a clear edge over passive investors. According to Stifel’s Barry Bannister, the market is on a…
Standard Chartered CEO warns of risks in the banking sector that haven’t ‘come home to roost’
Standard Chartered‘s chief executive warned Monday that the banking sector may face fresh issues, even as the immediate risks from…
Fed’s Bostic sees one more quarter-point rate hike, then a hold ‘for quite some time’
Atlanta Federal Reserve President Raphael Bostic said Tuesday he envisions the central bank approving one more interest rate increase before…
