‘CD rates will likely keep dipping.’ You can still snag CDs paying 4-5%, but for how ...
While the Federal Reserve slashed rates three times in 2024, they’ve kept rates steady so far this year — and some CDs are ...
Trump Confirms Tariffs Next Week, Boosting Dollar, Treasury Yields
President Trump used Truth Social to clarify that 25% tariffs on Mexico and Canada, plus 10% additional levy on China, are on track to go into effect next week, boosting the dollar.
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US Fed dilemma may deepen as Q4 growth holds but inflation heats up
The US economy grew at an annualised 2.3% in Q4 2024, in line with estimates, while inflation pressures persisted, casting ...
Fed's Schmid warns against rate cuts in response to weaker outlook
The Federal Reserve should think hard before cutting interest rates in response to any weakness in the economy, Kansas City Fed President Jeffrey Schmid said Thursday. Schmid, a voting member of the ...
US economy grows at a 2.3% rate in Q4, in line with estimates—but will it sustain ...
US economy grows at a 2.3% rate in Q4, aligning with forecasts but raising concerns for 2025. The Bureau of Economic Analysis ...