Tag #Interest Rates

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bbc.com
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Trump Threatens Fed Governor, Raising Concerns About Central Bank Independence

US President Donald Trump announced his intention to remove Federal Reserve Governor Lisa Cook, who responded by threatening legal action, sparking concerns about the independence of the US central bank and its potential impact on global financial markets.

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us.cnn.com
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Powell Hints at Interest Rate Cuts, but Consumer Impact Remains Uncertain

Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts, contingent on economic data, causing the Dow to soar to a record high on Friday; however, the impact on consumers may be limited, as analysts predict minimal changes to credit card interest rates and only slight decreases in...

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theglobeandmail.com
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Global Markets Cautious Amidst Potential US Rate Cuts

Global markets showed mixed reactions to potential U.S. interest rate cuts, with European markets declining while Asian markets showed mixed results; oil prices rose due to concerns about Russian supply disruptions; and the Canadian dollar remained relatively stable.

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cbsnews.com
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Mortgage Rates Plunge to Lowest Point Since October 2024

Mortgage rates fell to a 6.58% average for 30-year loans on Thursday, the lowest since October 24, 2024, influenced by a previous Federal Reserve rate cut and upcoming economic data releases including unemployment, inflation, and the Fed's September meeting.

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smh.com.au
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Wall Street Rallies on Powell's Rate Cut Hint

Following Federal Reserve Chairman Jerome Powell's hint at potential interest rate cuts on Friday, Wall Street rallied to its best day in months, with the S&P 500 up 1.5 percent and the Dow Jones soaring 846 points, while the Australian sharemarket is also expected to rise.

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elmundo.es
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Powell Signals Rate Cut Amid Global Economic Uncertainty

Federal Reserve Chairman Jerome Powell's consideration of a September interest rate cut reflects growing global economic uncertainty fueled by the US-China trade war and Germany's Q2 GDP contraction, three times worse than predicted, impacting the EU's strategic autonomy.

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cbsnews.com
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CD Rates Expected to Fall This Fall

Amid economic uncertainty and a potential Federal Reserve rate cut, experts predict a decline in CD interest rates from the current 4%-4.5% range by year-end, advising savers to consider strategies like CD ladders to manage risk.

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smh.com.au
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Powell Hints at Rate Cut Amidst Trump's Assault on Fed Independence

Federal Reserve Chair Jerome Powell hinted at a possible interest rate cut in September due to rising inflation from Trump's tariffs and slowing employment growth from his immigration policies, creating a policy dilemma amid Trump's attacks on the Fed's independence.

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forbes.com
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Powell's Rate Cut Hint Boosts Billionaire Wealth

Federal Reserve Chair Jerome Powell's comments on potential rate cuts boosted the net worth of billionaires Elon Musk and Larry Ellison by \$9.3 billion and \$4.4 billion respectively, while the US government took a 10% stake in Intel, and a judge overturned a \$500 million penalty against Donald Tr...

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t24.com.tr
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Turkey's Economic Costs Exceed $200 Billion, Claims CHP MP

CHP Istanbul MP Özgür Karabat claims Turkey's KKM scheme, interest payments, and post-March 19th reserve losses cost over $200 billion, accusing the AKP government of causing trillions of dollars in damage through economic mismanagement and wealth transfer, impacting the poor disproportionately.

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us.cnn.com
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Powell Hints at Rate Cut Amidst Political Pressure on the Federal Reserve

Federal Reserve Chair Jerome Powell suggested a possible interest rate cut due to rising risks to employment, amidst unprecedented political attacks on the Fed from the Trump administration, which is attempting to reshape the central bank's leadership and policies.

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theguardian.com
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Fed Signals Rate Cuts, But Long-Term Outlook Uncertain Amidst Trump's Trade Policies

Following strong signals of upcoming Federal Reserve interest rate cuts, stocks soared on Friday; however, long-term rates may remain elevated due to President Trump's trade policies, which have increased inflation and destabilized the labor market, impacting the housing market and overall economic ...

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Showing 157 to 168 of 1,742 results