The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional hikes in 2018, a vote of confidence that the U.S. economy … Click to Continue »

Topics:  federal reserve   u.s     click   continue   rate   time this year   
BING NEWS:
  • Slower Hiring Boosts Hopes of a Late-Summer Rate Cut
    The slowdown marked a break from a string of data showing surprising strength in the labor market. Wages rose less than anticipated.
    05/3/2024 - 9:38 am | View Link
  • EUR/USD rallies as weak US NFP boosts Fed rate-cut prospects
    The Fed sees rate cuts this year despite little progress in disinflation ... 20-period Exponential Moving Average (EMA), which trades around 1.0720. On the daily time frame, EUR/USD exhibits a sharp ...
    05/3/2024 - 3:26 am | View Link
  • Oil prices up over prospect of extended OPEC+ output cuts
    Reduced Middle East supply risks and concerns over US economy, world's largest oil consumer, boosts oil prices that hit lowest level in last 7 weeks - Anadolu Ajansı ...
    05/2/2024 - 9:16 pm | View Link
  • Bank of Canada can diverge from Fed on rates without stoking inflation, National Bank says
    Overnight swap markets are pricing in about 55 basis points of cuts in Canada by year end, compared with 35 basis points in the United States. The majority of economists in a Bloomberg survey expect ...
    05/2/2024 - 5:41 am | View Link
  • Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
    One result of the Fed’s higher rates has been a kind of bifurcated economy, by age. Older, wealthier Americans who already own homes and cars have been much less affected by the Fed’s rate hikes. By ...
    04/29/2024 - 7:48 am | View Link
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