Tag Archives: Rate

Stocks held steady after the Federal Open Market Committee kept interest rates unchanged at its July meeting. The decision to hold the target range for the federal-funds rate between 4.25% and 4.5% was widely expected by market participants. Odds of at least a quarter-point cut through the FOMC’s next meeting in September were at 59.7% heading into the decision. Federal …

WASHINGTON (Reuters) -President Donald Trump on Wednesday again called on the Federal Reserve to lower benchmark rates after data showed U.S. economic growth rebounded more than expected in the second quarter. “2Q GDP JUST OUT: 3%, WAY BETTER THAN EXPECTED! “Too Late” MUST NOW LOWER THE RATE. No Inflation! Let people buy, and refinance, their homes!” Trump wrote on Truth …

U.S. Economy Grew at 3.0% Rate in Second Quarter  The Wall Street Journal U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit  CNBC Rebound in US economic growth in Q2 masks underlying weakness  Reuters U.S. economy posts strong second quarter, growing at a 3 percent pace  The Washington Post US economy grows faster than expected as …

Shipping containers are stacked on the Ever Magic container ship operated by Evergreen at the Port of Los Angeles on June 25, 2025 in Los Angeles, California. Mario Tama | Getty Images The U.S. economy grew at a much better than expected pace in the second quarter, powered by a turnaround in the trade balance and renewed consumer strength, the …

Fed Meeting Today: Dow Futures Waver as Investors Await Earnings, Rate Decision — Live Updates  The Wall Street Journal Stock futures are little changed as investors analyze earnings, await Fed rate decision: Live updates  CNBC Stock Market Today: Dow Rises Ahead Of Fed Decision, Powell; Nvidia Gains On Price-Target Hike (Live Coverage)  Investor’s Business Daily Stock market today: S&P 500 snaps 6-day record …

Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Apr. 1, 2025. Bloomberg | Bloomberg | Getty Images Australia’s headline inflation rate in the second quarter of the year slipped to its lowest point since March 2021, coming in at 2.1% year over year, …

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Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts  The New York Times Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump  ABC News Fed expected to keep rates unchanged as it sifts through mixed economic data  Reuters Jerome Powell has a chance to appease Trump with a rate cut, so will …

A Divided Fed Eyes Future Rate Cuts but Won’t Move This Week  The Wall Street Journal Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump  ABC News Fed expected to keep rates unchanged as it sifts through mixed economic data  Reuters Fed likely to stand pat on interest rates, stay coy on September cut amid …

Scientists have achieved the lowest quantum computing error rate ever recorded — an important step in solving the fundamental challenges on the way to practical, utility-scale quantum computers. In research published June 12 in the journal APS Physical Review Letters, the scientists demonstrated a quantum error rate of 0.000015%, which equates to one error per 6.7 million operations. This achievement …