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Tag: interest rate

An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo

Fed to start rate cuts in June; risk fewer delivered this year

The U.S. Federal Reserve will cut its key interest rate in June, according to a stronger majority of economists in the latest Reuters poll.

Read More Fed to start rate cuts in June; risk fewer delivered this year
A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York, U.S., May 26, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims fall slightly more than expected

The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week.

Read More US weekly jobless claims fall slightly more than expected
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 9, 2024. REUTERS/Brendan McDermid

Wall Street ends down as US retail sales data crimps rate cut bets

Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.

Read More Wall Street ends down as US retail sales data crimps rate cut bets
Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 16, 2020 at Wall Street in New York City. - Trading on Wall Street was halted immediately after the opening bell Monday, as stocks posted steep losses following emergency moves by the Federal Reserve to try to avert a recession due to the coronavirus pandemic.Just after the opening bell, the S&P 500 was at 2,490.47, a drop of 8.1 percent and beyond the seven percent loss that automatically triggers a 15-minute trading halt. (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images)

GDP Revised Down And Economic Challenges Persist: Insights From EGIS Financial CEO

GDP Slows at 2.1%: U.S. Economy Shows Contraction from Initial 2.4% Estimate. Household and Credit Card Debt Peaks; U.S. Credit Rating Downgraded.

Read More GDP Revised Down And Economic Challenges Persist: Insights From EGIS Financial CEO
FILE- In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. The Federal Reserve reinforced its inflation fight Wednesday, Dec. 14, 2022, by raising its key interest rate for the seventh time this year and signaling more hikes to come. But the Fed announced a smaller hike than it had in its past four meetings at a time when inflation is showing signs of easing. (AP Photo/Andrew Harnik, File)

Fed chairman: More interest rate hikes likely this year

The Federal Reserve presents its semi-annual Monetary Policy Report. 

Read More Fed chairman: More interest rate hikes likely this year

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