Chicago Fed CEO says tariff uncertainty could slow rate lowering
"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto ...
Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach
A full-employment economy with solid growth and falling inflation will let the U.S. Federal Reserve continue cutting interest ...
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate fell to 6.89% from 6.95% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.64%.
Inside the Fed, fears increase that Trump tariffs would boost inflation
There’s a growing sense among some inside the Federal Reserve that President Donald Trump’s willingness to use tariffs as a ...
Czech central bank cuts key interest rate to 3.75% as inflation stays higher than expected
PRAGUE – The Czech Republic’s central bank cut its key interest rate again Thursday with inflation higher than expected after ...
Bank of England expected to cut key UK interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...
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Naira strengthens at unofficial market, breaks below N1,600/$
The Nigerian currency showed strength in the black market but dipped for the third consecutive time against the dollar at ...
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Federal worker buyout deadline: What we know about the deferred resignation program
A judge will consider whether to block the buyout at a hearing Thursday afternoon, with the deadline for federal employees to make a decision about the buyout later tonight.
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Judge blocks DOGE access to sensitive Treasury Department payment system records
The order comes after the Justice Department on Wednesday agreed in a proposed court order to limit access to the sensitive records to only two "special government employees" within DOGE, who will ...
5 things to know before the stock market opens Thursday
Stock futures are little changed as investors aim for a third-straight winning session. Google is the latest tech giant to ...
XRP Falls, Bitcoin Rises. Why the Crypto Fallout From Trump Tariffs Is Mixed.
As the dust is settling for markets after a week of wild market swings, the fallout for cryptos is mixed. Bitcoin was trading up 1.3% early Thursday to $98,700, now fully recovered from Monday’s ...