The only reason for the Federal Reserve to hike rates would be if the economy was overheating and there are no signs of that in the data, Richmond Fed President Tom Barkin said Wednesday. “I see ...
The U.S. Federal Reserve is still leaning toward further rate cuts this year, although uncertainty about the impact of new Trump administration initiatives on things like tariffs, immigration and ...
Truist Advisory Services' chief market strategist Keith Lerner says the "carousel of tariffs" and DeepSeek-related headlines have upended markets, but things could get much rockier as he urges clients ...
Separately, the U.S. trade deficit reached its second-highest level ever in December. It soared almost 25% in December to $98.4 billion, from $78.9 billion during the prior month.
In an interview with Bloomberg on Wednesday, Richmond Federal Reserve President Thomas Barkin said that he still thinks the policy rate is modestly restrictive, per Reuters. "Looking forward, it is ...
The card earns bonus points for travel and dining-related spending, which can be redeemed for more value through Chase. It piles on the perks, too, but they come at a price. With a big sign-up ...
The local stock market suffered another crushing blow, plunging to its lowest level in almost 15 months following the US Federal Reserve’s decision to keep interest rates unchanged and a ...