Fed needs to continue to cut rates, Daly says
San Francisco Federal Reserve Bank President Mary Daly on Monday said she has not seen anything to suggest the U.S. central ...
Millennial Interest in Luxury Watches Is Winding Up
Eugene Tutunikov, CEO of Atlanta-based SwissWatchExpo, talks about the fast-growing secondary market and its challenges ...
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 ...
Dow, S&P end down as Treasury yields rise, Boeing soars after possible strike breakthrough
The Dow Jones Industrial Average and S&P 500 closed lower on Monday, retreating from Friday’s record high closes and six ...
Fed's Schmid Wants Cautious, Gradual, Deliberate Rate Cuts
(Reuters) - Kansas City Federal Reserve Bank President Jeffrey Schmid said on Monday he supports a "cautious and deliberate" ...
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 ...
JPMorgan Sees Fed Funds Rate as an Imperfect Liquidity Measure
The small size of the federal funds market makes its key rate an imperfect metric as the Federal Reserve gauges liquidity in ...
Weren't Rates Supposed To Fall?
With the 10-year yield now up 51 bps since the close the day before September’s cut, the current period ranks as the third ...
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.
Gold hits record high as US election, Middle-East jitters fuel rush to safety
Oct 21 (Reuters) - Gold surged to a record high on Monday while silver struck a near 12-year peak, as growing uncertainties ...
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Stock markets slide, oil jumps as China cuts rates
Major stock markets mostly dropped Monday on profit-taking and oil prices jumped as traders weighed fresh interest-rate cuts ...