Federal Reserve has lowered the key overnight interest rate by 0.25% to a range of 4.50%-4.75%. The Fed says the economic outlook is uncertain and […]
Tag: Interest rates
Bank of England Cuts Interest Rates to 4.75%, Cautions on Inflation Risks from New Budget
The Bank of England has cut borrowing costs for the second time this year, though it hasn’t committed to speeding up rate cuts. Officials cautioned […]
FOMC Preview: November Meeting – Morgan Stanley, Trump Victory Means Fewer Fed Cuts: Nomura, Fed May Revise Assumptions in December If Republicans Gain Control of Both Congressional Chambers – Nick Timiraos
Morgan Stanley: The economy is growing strongly, but inflation is getting closer to the target, which leads the Federal Reserve to reduce the interest rate […]
Money-Market Funds Reach Record $6.24 Trillion as August Inflows Hit $106 Billion
Money-market funds have attracted $106 billion so far in August. This has pushed their total assets to a record $6.24 trillion as of August 21, […]
ECB Lowers Deposit Facility Rate by 25 Basis Points
ECB has reduced the deposit facility rate by 25 basis points. Main interest rate: Now 3.40%, down from 3.65%, as expected. Deposit facility rate: Now […]
Summary of Federal Reserve Meeting Minutes: Key Insights and Economic Outlook
Some members of the Federal Reserve noted that there was a reasonable argument for cutting interest rates by 25 basis points during the July meeting. […]
U.S. Debt Levels Surge in Q2 2024 Amid High Interest Rates and Inflation
In the second quarter of 2024, U.S. debt levels saw notable increases across various sectors, reflecting the broader economic landscape characterized by persistent inflation, elevated […]
U.S. Consumers’ Expectations for Income Growth Fall to Lowest Level Since 2013
Recent data reveals that U.S. consumers’ expectations for their income to rise faster than prices have fallen to their lowest level since 2013. This signals […]
JP Morgan CEO Jamie Dimon Warns U.S. Economy Faces Threat Worse Than Recession
JP Morgan Chase CEO Jamie Dimon has issued a stark warning about the future of the U.S. economy, suggesting it may face challenges even worse […]
U.S. Household Net Worth Hits Record High in Q2 2024: Fed Report
The U.S. Federal Reserve has reported that household net worth surged to a record $163.8 trillion in the second quarter of 2024. This increase reflects […]
Stock Index Futures Rise Ahead of Fed Chair Powell’s Jackson Hole Speech
Stock index futures are up ahead of Federal Reserve Chair Powell’s speech at the Kansas City Federal Reserve’s Jackson Hole Economic Symposium, scheduled for 9:00 […]
China May Sell Up to $1 Trillion of U.S. Dollar-Denominated Assets, Potentially Strengthening the Yuan by Up to 10%
China is reportedly considering selling up to $1 trillion worth of U.S. dollar-denominated assets, which could have a significant impact on global markets. This move […]