Federal Reserve Chair Janet Yellen said Wednesday that the central bank has no "fixed timetable" for raising interest rates but she believes the economy is ready for a rate hike by the end of the year. (Sep. 26)
Similar Stories to Yellen: Rate Hike Likely Appropriate This Year on Bing News
USATODAY - Nation Top Stories, USA Today: Nation
Wed, 09/28/2016 - 10:11am
BING NEWS:
- Interest Rate Hikes Are More Likely Than Cuts This Year, One Economist Predicts Ahead of Fed Meeting
The Fed paused the federal funds rate at a target range of 5.25% to 5.5% in August last year after raising interest rates 11 times between March 2022 and July 2023. Inflation reacted quickly, dropping ...
04/29/2024 - 10:48 am | View Link - Why economists who originally expected multiple deep rate cuts in 2024 now say a hike is possible
"We expect, in any case, that the Fed's communications after the FOMC meeting this week will have a uniformly hawkish tone," Macquarie said.
04/29/2024 - 5:49 am | View Link - Mortgage News: NatWest Raises Rates As Focus Moves To Nationwide, Santander
Britain’s biggest mortgage lender Halifax, along with its specialist lending arm BM Solutions, has confirmed the cost of its new fixed rate deals following its announcement earlier in the week that it ...
04/29/2024 - 1:00 am | View Link - Inflation-wary US rate options market cautiously prices for 2024 Fed hike
Options on Secured Overnight Financing Rate (SOFR) futures are showing a higher probability that the Federal Reserve could hike interest rates a quarter percentage point this year and next as U.S.
04/28/2024 - 11:01 pm | View Link - Japan concerned about weak yen's negative effects, Finance Minister says
Japan is concerned about negative effects of the weak yen, Finance Minister Shunichi Suzuki said on Friday, in a fresh warning against speculators as the currency has continued to slide to lows last ...
04/26/2024 - 1:18 am | View Link - More
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