This Fed rate-cut surprise may fool everyone
This Fed rate-cut surprise may fool everyone. The outlook for Federal Reserve rate cut has divided Wall Street into two main camps.
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Fed signals 3 interest rate cuts in 2024
Fed signals 3 interest rate cuts. In the last meeting of the year, the US Federal Reserve (Fed) kept the policy rate unchanged, at the highest level in 22 years, in line with expectations.
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What to expect from the Fed meeting on December 13
Fed meeting. Fed is expected to hold rates steady on December 13, 2023. Wall Street is eagerly awaiting the Federal Reserve’s last interest rate decision of the year.
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2022 Global Economic and Financial Markets Outlook
As 2021 is about to be left behind, we have been experiencing extremely hectic days since mid-December, especially with the interest rate decisions and monetary policies from the central banks.
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United States grows 1.9% in Q3
According to the US Department of Commerce, the economy grew by 1.9% in the third quarter. The expectation was 1.6% growth. Personal spending, which is the main engine of the economy, increased by 2.9% in comparison to the expectations of 2.6% in this period. Expenditures increased by 4.6% in the second quarter.
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FED cuts interest rates for the first time in 11 years
The Federal Reserve (FED) has cut interest rates For the first time since 2008, In the interest rate cut, the central bank cut the funding rate to a range of 2.00 – 2.25.
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Credit card holders to get some relief
Credit card rate hikes reviewed, penalty fees crimped Most penalties credit card will be limited to $ 25 and fees for customers who do not use their cards will be …
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