RBC Royal Bank has announced it will lower its US Prime rate from 8% to 7.75%, effective December 9, following the US Federal ...
This prediction is not based on any inflation forecasts or labor market trends. It instead is based on the strong ... This suggests that the Fed is more independent in setting interest rates than the ...
He said the Fed will need to wait and see what policies actually materialize ... The economy continues to grow at a robust pace, inflation picked up in September, and the labor market is cooling — but ...
ALL year, a slew of Wall Street pros have questioned the durability of an indiscriminate risk rally that has fattened stock ...
Following Trump’s win as US President, equity markets surged to record highs, fueled by investor optimism, while bond yields ...
The Federal Open Market Committee (FOMC) voted this week to lower the Fed’s policy interest rate by one-fourth of a ...
A sense of déjà vu overwhelmed Wall Street this week, as Donald Trump’s election win gave the stock market a jolt similar to ...
The Fed has a dual mandate from Congress to act independently to ... "You can't appoint someone 180 degrees out of the ...
“Recent indicators suggest that economic activity has continued to expand at a solid pace,” the Fed explained in a statement.
He explored the question of whether he could fire Powell during his first term, a prospect that added to market turmoil at ...
and despite the Fed cutting rates again on Nov. 7, mortgage rates are expected to continue to rise in the coming days based ...