Fed needs to cut rates at least five times next year, portfolio manager says
The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the U.S. economy ...
Tag: rates
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September ...
British fintech Wise reports 280% jump in profit as higher interest rates boost income
The Wise logo displayed on a smartphone screen.Pavlo Gonchar | SOPA Images | LightRocket via Getty ImagesBritish fintech firm Wise ...
Fed holds rates at 22-year high, signals concern on yield rise
The Federal Reserve held interest rates at a 22-year high for a second straight meeting, while suggesting that the recent ...
Top economists unanimous on ‘higher for longer’ rates as inflation threats linger
Pedestrians walk past a billboard announcing the World Bank Group and International Monetary Fund annual meetings, on the side of ...
Regional bank shares slump as lenders warn of more pain from higher interest rates
Signage is displayed outside of a Comerica Bank branch in Torrance, California, on March 13, 2023.Patrick T. Fallon | AFP ...
JPMorgan Chase tops profit expectations on higher rates, benign credit
JPMorgan Chase on Friday topped analysts' estimates for third-quarter profit and revenue as the bank generated more interest income than ...
Interest rates take center stage with banks set to report quarterly results
Bank stocks remain under pressure due to high interest rates as financial firms like Club holdings Wells Fargo (WFC) and ...
Lawmakers take aim at credit card interest rates, fees as cardholder debt tops $1 trillion
Luis Alvarez | Digitalvision | Getty ImagesSome lawmakers and regulators are calling for interest rate caps and lower fees on ...
US bank profits set to rise on higher rates while Wall Street lags
NEW YORK: The biggest US consumer lenders are set to post higher profits for the third quarter, in contrast with ...
