Interest rates: Jumbo-sized 75 point OCR cut possible November – experts
The debate is growing about whether the Reserve Bank (RBNZ) should make a jumbo-sized cut to the Official Cash Rate (OCR) next month. Financial markets are pricing in a 20% chance of a 75-basis-point ...
Four Fed policymakers favor more rate cuts, but differ on pace
Four Federal Reserve policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how ...
Kansas City Fed's Schmid says he opposes aggressive rate cuts
Federal Reserve Bank of Kansas City President Jeffrey Schmid expressed caution Monday against implementing outsized ...
Fed’s Schmid Favors Slower Pace for Interest-Rate Reductions
Federal Reserve Bank of Kansas City President Jeffrey Schmid said he favors a slower pace of interest-rate reductions given ...
5 weeks after the Fed cut rates, banks still want your cash — and they're paying to get more of it
The Fed cut rates five weeks ago, but banks are still paying high interest rates on high-yield savings accounts and combo ...
Fed's Schmid wants cautious, gradual, deliberate rate cuts
Kansas City Federal Reserve Bank President Jeffrey Schmid said on Monday he supports a "cautious and deliberate" approach to ...
The economic 'no landing' could drive the S&P 500 to a 13% gain in 2025, UBS says
UBS sees a strong year ahead for the stock market, with few negative catalysts on the horizon to derail the rally.
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Higher rates are disappearing – should you fix your savings?
Fixed savings rates have dropped to their lowest levels in over a year. Should you fix your savings now ahead of a potential ...
BoE's Greene sticks to view that rate cuts should be gradual
Bank of England interest rate-setter Megan Greene said she still believed the central bank should take a cautious approach to ...
US Banks Plan Sharp Cuts In Corporate Deposit Returns As Fed Lowers Interest Rates: Could Financial Stocks Take A Hit?
Fed cuts rates, U.S. banks like JPMorgan, Bank of America, and Wells Fargo plan to lower corporate deposit rates to protect ...
Is the U.S. Economy Too Strong for Its Own Good?
There’s a simple equation at play. The Federal Reserve cut interest rates in September and markets see more of the same to come. At the same time, unemployment remains historically low, corporate ...
Stock market today: Asian markets are mostly higher after another winning close on Wall Street
BANGKOK — (AP) — Asian shares have opened mostly higher after U.S. stocks rose to records to close out their latest winning ...