Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
Gold is suddenly not so glittery after Trump’s White House victory
Gold fell more than 4% in the four days after Election Day, while the broad U.S. stock market climbed nearly 4%.
FirstFT: China readies itself for potential trade war with Trump
Also in today’s newsletter, US regulators plan to investigate Microsoft’s cloud business, and Disney-Reliance Indian media giant says TV ‘is not dead’ ...
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Policymakers defend Fed independence amid concerns about Trump era
Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that ...
Buying bonds when the Federal Reserve started cutting rates was a mistake that may soon get bigger
Many investors moved into Treasury bonds assuming prices rise. That didn't go according to plan and the bond yield pressure isn't going away.
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Federal Reserve Chair Jerome Powell said the central bank will likely cut rates cautiously given persistent inflation ...