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Category Rate Cut

Jerome Powell Hints at Rate Cuts in September: Here is What You Need to Know

Jerome Powell Hints at Rate Cuts in September: Here is What You Need to Know

Powell’s Jackson Hole speech sent stocks soaring as traders priced in a 90% chance of a September rate cut. Major indexes broke higher: Dow hit an...
U.S. Fed Official Says Rate Cuts in September are Unlikely: Here is Why

U.S. Fed Official Says Rate Cuts in September are Unlikely: Here is Why

Kansas City Fed’s Jeffrey Schmid says a September rate cut is unlikely without stronger inflation progress, despite markets betting on it. Trump a...
US Economy at ‘Stall Speed,’ Warns Goldman Sachs As Labor Department Slashes June Jobs Growth by 90%

US Economy at ‘Stall Speed,’ Warns Goldman Sachs As Labor Department Slashes June Jobs Growth by 90%

A Goldman Sachs executive is warning that the US economy is losing momentum after a sharp downward revision in job creation over the past few month...
Fed Could Slash Rates by 50 Basis Points in September After Weak Jobs Report, Says BlackRock Executive: Report

Fed Could Slash Rates by 50 Basis Points in September After Weak Jobs Report, Says BlackRock Executive: Report

BlackRock executive Rick Rieder reportedly thinks the U.S. Federal Reserve could slash rates by 50 basis points in September. Rieder, the asset man...
Federal Reserve Keeps Rates Unchanged as Expected: Here is What Comes Next

Federal Reserve Keeps Rates Unchanged as Expected: Here is What Comes Next

In a decision marked by internal disagreement and mounting political pressure, the Federal Reserve voted on Wednesday to maintain its benchmark int...