After 2 Fed rate cuts, some CD rates are climbing back up above 4% APY
The last two Fed meetings resulted in rate cuts. Short-term CD rates have continued to lower, but some long-term CD rates are ...
Bloomberg L.P.15h
Fed Minutes Show Officials Prefer Future Rate Cuts to Be Gradual
Federal Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy ...
The Fed's rate cuts will spark a $2 trillion exodus from money-market funds, Apollo chief economist says
Money-market funds have attracted record inflows since 2022. That money is set to flow back to the market as rates come down ...
Transport Topics13h
Federal Reserve Officials Signal Cautious Path for Rate Cuts
In September, the Fed signaled it would reduce its key rate as many as four times next year, but since then investors and ...
Goolsbee Says It Makes Sense to Slow Cuts as Fed Nears Neutral
Federal Reserve Bank of Chicago President Austan Goolsbee said it would be “perfectly sensible” for the US central bank to ...
Fed’s recent rate cuts could improve borrowing options for state and local government projects
The Federal Reserve’s second consecutive key rate cut could mean more than just lower borrowing costs for the average ...
Russell 2000 hits record high on Trump policy, Fed rate-cut optimism
The Russell 2000 index tracking small cap companies in the U.S. hit a record high on Monday, boosted by expectations of tax ...
Fed's Key Inflation Measure Likely Stayed Above-Target In October
The Federal Reserve's preferred measure of inflation likely stayed too hot for comfort in October, though possibly not hot ...