The Fed slashed interest rates, but some credit card APRs aren’t going down. Here’s why.
But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average ...
Why former Dallas Fed president Richard Fisher sees no reason for December rate cut
Richard Fisher, former Dallas Fed president, joins CNBC's 'Closing Bell' to discuss whether the Fed should cut interest rates ...
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Mortgage Predictions: How Will the Fed Respond to Today's Inflation Data?
Lately, progress has stalled on getting inflation down to the Fed's 2% annual target. Meanwhile, the labor market isn't ...
Gold Holds Advance Before US Data That May Shape Fed Rate Move
Gold steadied after an advance as traders shifted focus to key US inflation reports due this week that may shape expectations ...
American Banker1d
Inflation in focus as bank investors ponder Fed's next move
A slower rate of price increases would boost the likelihood of an interest-rate cut that could expand loan demand and lower ...
Citigroup joins Wall Street peers in forecasting 25 bps rate cut by Fed in December
Citigroup, previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S. Federal Reserve, has ...
Inflation remains sticky, with CPI rising 2.7% from a year ago
Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or CPI. Last month's CPI was forecast to come in at 2.7%, according to ...