Fed Governor Waller says 'more caution' needed on rate cuts after data showing a hot economy

The Federal Reserve ... central bank sees signs of a hot economy. "While we do not want to overreact to this data or look through it, I view the totality of the data as saying monetary policy should ... Read More

Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation

A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ... Read More

Fed Outlook Pushes Dollar to 2 1/2 Month Peak; Yen Under Pressure

TOKYO (Reuters) - The U.S. dollar hovered at a 2-1/2-month peak on Wednesday as investors adjusted bets toward a gradual reduction of interest rates while keeping an eye on a close presidential ... Read More

Rate Cuts To Boost OneMain Financial

OneMain Financial remains a Buy due to its resilience in subprime lending, despite a challenging 2024. Read more on OMF stock here. Read More

US Banks Earnings Preview: Soft-Landing Hopes, Interest Rate Cuts, Key Catalysts For Stocks

Bank of America analysts are optimistic that a soft-landing scenario could boost ... earnings, investor attention is focused on the potential for a soft landing in the economy, Federal Reserve ... Read More

Fed's Schmid wants cautious, gradual, deliberate rate cuts

Kansas City Federal Reserve Bank President Jeffrey Schmid said on Monday he supports a "cautious and deliberate" approach to interest rate cuts now that inflation is heading back to the Fed's 2% ... Read More

US Fed pivot: Does the FOMC policy rate verdict impact global central banks? Here’s what 10-year data reveals

Another reason for a super-sized rate cut was that the central bank did not want to be behind the curve. The Fed’s rate hikes ... economic projections also supports their view. Also Read: US ... Read More

Fed's Waller calls for 'more caution' on rate cuts

PALO ALTO, California: Citing recent data showing an uptick in inflation and a U.S. economy and labor market that are stronger than previously thought, Federal Reserve Governor Christopher Waller on ... Read More

Why Fed rate cuts may juice the stock market and your 401(k)

There’s little doubt markets love Fed rate cuts, which reduce borrowing costs for business and consumers, spurring economic activity that bolsters corporate earnings. Reduced rates also prod ... Read More

US economy added a whopping 254,000 jobs last month

The US economy added ... interest rate cut next month. When the Fed slashed rates by half a point last month, the central bank’s leader, Jerome Powell, said in a news conference that ... Read More

Gold News: Fed’s Rate Caution and Geopolitical Tensions Keep Prices on Edge

Federal Reserve Chair Jerome Powell ... Powell emphasized that the central bank is “not in a hurry” to cut rates rapidly after positive economic data reinforced confidence in growth. Read More