Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and rising inflation risks. Jerome H. Powell, the Fed chair, said the central bank was not on a “pre-set course.
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation ...
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
Developers say new downtown construction won’t grind to a halt. Some projects will score financing and the number of ...
The Indian rupee is likely to stay on the defensive on Thursday, after the U.S. Federal Reserve expectedly kept interest ...
The yield on the benchmark U.S. 10-year Treasury rose 4 basis points to 4.589%, while the 2-year Treasury yield also added 4 basis points to 4.248%. One basis point is equal to 0.
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