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Fed to Hold Interest Rates Amidst Pressure From Trump
During his campaign, President Donald Trump focused quite a bit on fixing inflation for Americans, allowing them to buy basic necessities. Now that he is in office, Trump plans on decreasing interest ...
Refinance Rates Decline for a Third Day
Portra / Rates on 30-year refinance loans dropped another 2 basis points Wednesday, nudging to average down to 7.03%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September, ...
30-Year Mortgage Rates Fall Again, Reaching a 6-Week Low
In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.
Fed Holds Interest Rates: What Small Businesses Can Expect In The 1st Quarter Of 2025
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...
Meta, Tesla and Microsoft Upstaged the Fed With Ambitious Visions and Mixed Earnings
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk. Photo credit: Getty The Fed is used to steering ...
Economy grew 2.8% in 2024, holding strong despite high interest rates
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
After the Fed meeting, what should you expect from your savings rates?
It doesn't look like savings rates will rise anytime soon. But that doesn't mean you're out of opportunities to earn.
US economy grew 2.8 percent in 2024, but slowed to end year
Fourth quarter economic growth eased to an annualized rate of 2.3 percent, shy of an expected 2.6 percent, as the economy heads into uncertain territory. Gross domestic product (GDP) growth slowed ...
Former head of Atlanta Fed tells CFOs he would prepare ‘budget A’ and ‘budget B’ amid Trump uncertainty
On Wednesday night in Atlanta, during Fortune’s CFO Collaborative dinner, sponsored by Deloitte, Dennis Lockhart, former president and CEO of the Federal Reserve Bank of Atlanta, told a group of ...
Gold vs. Treasury bonds: Where should investors turn next?
Both gold and Treasury bonds offer unique advantages, experts say — but one may be better than the other in 2025.
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Trump vs The Fed: A battle that could shake markets
Donald Trump has rounded on the US Fed, threatening to unravel the political neutrality that has underpinned decades of stability.
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a ...