Fed might have cut rates at July meeting, Powell says
By David Lawder and Ann Saphir WASHINGTON (Reuters) – The U.S. central bank might have begun cutting interest rates in...
Read more
Stock
US SEC settles charges against Rari Capital over misleading investors
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Wednesday it settled charges against decentralized finance platform Rari...
Read more
Fed’s Powell says balance sheet drawdown continues amid rate cuts
By Michael S. Derby and David Lawder NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday still...
Read more
Morning Bid: Fed goes big, markets yo-yo
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. “Go big, and go bold,” was...
Read more
Truist lowers prime lending rate in tandem with Fed’s rate cut
(Reuters) – Truist Financial (NYSE:TFC) said on Wednesday that the bank has lowered its prime lending rates by 50 basis...
Read more
Gulf central banks cut key interest rates, mirroring Fed move
By Yomna Ehab and Jaidaa Taha DUBAI/CAIRO (Reuters) – Most Gulf central banks cut their key interest rates on Wednesday...
Read more
US borrowers to get quick relief as Fed cuts rates, analysts say
By Nupur Anand and Saeed Azhar NEW YORK (Reuters) – U.S. consumers are expected to get a quick reprieve on...
Read more
Federal Reserve’s Powell backs Basel changes, says no date yet for publishing new draft
By Michael S. Derby and Michelle Price NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell endorsed an overhaul of...
Read more
Factbox-What has the Fed done in election years? Rate changes happen more often than not
(Reuters) – The Federal Reserve’s decision to cut interest rates by half a percentage point on Wednesday marked the closest...
Read more
Fed policymakers see end-2024 policy rate at 4.4%: projections
WASHINGTON (Reuters) – U.S. central bankers think they’ll need to lower interest rates to a range of 4.25%-4.50% by year-end,...
Read more
