Key Takeaways The Federal Reserve is likely to cut its benchmark interest rate by a quarter-point to a range of 4% to 4.25%, but that is far short of the massive rate cuts President Donald Trump has demanded. In a social media post on Monday, Trump said Fed Chair Jerome Powell should make a rate cut “bigger than he had …
Read More »Tag Archives: Interest
Senate confirms Trump adviser Stephen Miran to Fed board ahead of key interest rate vote this week
The Senate on Monday confirmed economist and Trump adviser Stephen Miran to the Federal Reserve’s Board of Governors, giving President Trump more influence over the Fed just one day before central bank officials will meet to decide whether to cut interest rates. Miran was confirmed 48-47 for a term that runs until January, filling a vacancy created last month when …
Read More »Fed meeting: What could come after interest rate cuts this week – Axios
Fed meeting: What could come after interest rate cuts this week AxiosView Full Coverage on Google News Source link
Read More »Sorting through Virginia Tech’s interest in Shane Beamer: Would South Carolina coach leave for alma mater?
His family’s name synonymous with uncharted football success at Virginia Tech, one would assume the question was coming for Shane Beamer. South Carolina’s coach was immediately mentioned as a top-end candidate for the Hokies following Sunday’s firing of Brent Pry amid Virginia Tech’s 0-3 start. Two weeks after taking the microphone inside Atlanta’s Mercedes-Benz Stadium after beating Virginia Tech to …
Read More »Fed Interest Rate Decision, U.S. Retail Sales, Meta Event, Earnings from FedEx, General Mills
Key Takeaways A Federal Reserve interest rate decision comes Wednesday, followed by remarks from Chair Jerome Powell. Meta Platforms CEO Mark Zuckerberg delivers a keynote at the company’s annual Meta Connect event. U.S. retail sales, housing starts, and jobless claims lead the week’s economic releases. FedEx, General Mills, and Bullish are among the companies scheduled to report earnings. The Fed …
Read More »Russia cuts interest rates again but frictions with government remain – POLITICO
“At our meeting in October, a lot will depend on the parameters of fiscal policy that will be ultimately proposed,” Governor Elvira Nabiullina told a press conference. In its statement, the CBR also noted a recent sharp rise in gasoline prices across Russia, caused by a succession of drone attacks by Ukraine on the country’s oil refineries. However, it expects …
Read More »Trade interest lingers in Tyreek Hill, with one key caveat
In the aftermath of Miami’s embarrassing Week 1 loss to the Colts, chatter quickly started regarding potential trade interest in receiver Tyreek Hill — if the first game is a sign of things to come in South Florida. We’ve heard that both the Chiefs and Steelers have some degree of interest in Hill. Then came word that Hill’s estranged wife …
Read More »Morgan Stanley, Deutsche Bank expect three US interest rate cuts this year
By Joel Jose and Akriti Shah (Reuters) – Morgan Stanley and Deutsche Bank expect the U.S. Federal Reserve to deliver interest rate cuts at all its three meetings this year, following data this week showing more modest inflation pressures. The two brokerages in separate notes said on Friday they now expect the Fed to cut rates by 25 basis points …
Read More »Mortgage and refinance interest rates today, September 12, 2025: New low sparks big application demand – Yahoo Finance
Mortgage and refinance interest rates today, September 12, 2025: New low sparks big application demand Yahoo Finance Mortgage rates are finally sinking — and fast CNN What’s next? Mortgage rate predictions for the next 5 years Yahoo Finance Don’t expect mortgage rates to fall after the Fed’s interest-rate cuts. But here’s one move borrowers can make right now. MarketWatch Mortgage rates plummet; analysts now …
Read More »Wall Street rallies as a cut to interest rates next week looks more certain
NEW YORK (AP) — Wall Street’s record-setting run kept rolling on Thursday, and stocks climbed after a mixed set of U.S. data kept the path clear for the Federal Reserve to cut interest rates in order to boost the economy. The S&P 500 rose 0.8% and set an all-time high for the third straight day. The Dow Jones Industrial Average …
Read More »