Tag:interest rates

Economy

The Fed is on course to cut interest rates in December, but what happens next is anyone’s guess

Jerome Powell, chairman of the US Federal Reserve, during the New York Times DealBook Summit at Jazz at Lincoln Center in New York,...

Joseph Brown - December 7, 2024

Economy

‘Small caps are going to become more in favor in 2025′: VettaFi’s research head doubles down on winning group

Small caps just had their first historic week in three years, and one exchange-traded fund expert predicts the group's record highs will help...

Joseph Brown - November 30, 2024

Business

Dozens of retailers jacked up interest rates on store cards ahead of Fed cuts

Tommy | Digitalvision Vectors | Getty ImagesDozens of the largest U.S. retailers and their bank partners jacked up interest rates on their store-branded...

Joseph Brown - November 22, 2024

Business

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending – Times of India

WASHINGTON: The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite...

Joseph Brown - October 30, 2024

Analyzing the state of the U.S. economy before Election Day

Analyzing the state of the U.S. economy before Election Day - CBS News ...

Joseph Brown - October 28, 2024

Economy

Fed officials were divided on whether to cut rates by half a point in September, minutes show

WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to get, ultimately deciding...

Joseph Brown - October 9, 2024

Business

Why the Fed’s rate cut won’t immediately help car buyers or sales

Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May 28,...

Joseph Brown - September 30, 2024

Business