Fed to Cut Rates by 25bps in Nov and Dec, Approach Neutral Level Sooner Reuters Poll
BENGALURU (Reuters) - The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters ...
Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.
Feds extradite man for plot to steal $8 million in FEMA disaster assistance
The Justice Department said Newton Ofioritse Jemide worked with others to steal assistance intended for victims of various ...
Bangkok Post10h
Analyst sees Bank of Thailand as likely to copy Fed
The Federal Reserve's large interest rate cut of 0.5 percentage points this week, the first reduction in four years, could ...
nyc.streetsblog10h
What the Truck? DOT Late on Producing Crucial Freight Network Report
As part of a 2023 law, the DOT was supposed to "publish ... a report on the redesign of the city truck route network" no ...
Gazette-Virginian10h
PHOTOS: Dot Day celebrated at Scottsburg Elementary
To celebrate Dot Day, students in James Conner’s art classes at Scottsburg Elementary were creative using dots. In fifth ...
Transcript: Federal Reserve puts on enormous party hat
Federal Reserve puts on enormous party hat’ Katie Martin A great moment in history has arrived. Rob Armstrong was ...
Bangkok Post16h
Analyst sees BoT as likely to copy Fed
The Federal Reserve's large interest rate cut of 0.5 percentage points this week, the first reduction in four years, could pave the way for the Bank of Thailand to slash its policy rate in December, ...
Stocks shine, Treasury yields rise as rate cut stokes risk appetite
Wall Street indexes marched past previous record highs after global counterparts booked gains and longer-dated Treasury ...
Bill Gross says US10Y should be 3.75%, based on 2.5% inflation and new dot plot
Famed bond investor Bill Gross says US10Y should be 3.75%, based on 2.5% inflation and new dot plot. Read more here.
Fed’s jumbo rate cut: Short-term Goldilocks, long-term volatility
The revised dot plot now suggests the median rate forecast for 2024 at 4.4%, down from 5.1% in June, signaling another 50bps of easing ahead. Additionally, 100bps of cuts are projected for 2025, while ...
The Financial Express1d
Has Powell done a damage control exercise by front-loading rate cut?
The market's negative response to the Fed's unexpected 50 bps rate cut raises questions about the underlying health of the ...