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Fed poised to approve quarter-point rate hike this week, despite market turmoil

March 20, 2023 admin 0

Hits: 7 Even with turmoil in the banking industry and uncertainty ahead, the Federal Reserve likely will approve a quarter-percentage-point interest rate increase next week, according to market pricing and many Wall Street experts. Rate […]

Economy

Fed poised to approve quarter-point rate hike next week, despite market turmoil

March 17, 2023 admin 0

Hits: 8 Even with turmoil in the banking industry and uncertainty ahead, the Federal Reserve likely will approve a quarter-percentage-point interest rate increase next week, according to market pricing and many Wall Street experts. Rate […]

Economy

One year after the first rate hike, the Fed stands at policy crossroads

March 16, 2023 admin 0

Hits: 8 U.S. Federal Reserve Chair Jerome Powell responds to a question from David Rubenstein (not pictured) during an on-stage discussion at a meeting of The Economic Club of Washington, at the Renaissance Hotel in […]

Economy

European Central Bank hikes rates despite market mayhem, pledges support if needed

March 16, 2023 admin 0

Hits: 7 Christine Lagarde, president of the European Central Bank (ECB), pauses during a rates decision news conference in Frankfurt, Germany, on Thursday, March 16, 2022. Alex Kraus | Bloomberg | Getty Images The European […]

Economy

Long-awaited Fed digital payment system to launch in July

March 15, 2023 admin 0

Hits: 10 The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. Sarah Silbiger | Reuters The Federal Reserve’s digital payments system, which it promises will help speed up the way money moves around […]

Economy

One of the best ways to figure out what the Fed will do next is to look at regional bank stocks

March 15, 2023 admin 0

Hits: 8 Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, Wednesday, Sept. 18, 2019, in Washington. Patrick Semansky | AP Markets have […]

Economy

Wholesale prices post unexpected decline of 0.1% in February; retail sales fall

March 15, 2023 admin 0

Hits: 4 A customer looks over merchandise at a store on March 14, 2023 in Miami, Florida. Joe Raedle | Getty Images Wholesale prices posted an unexpected decline in February, providing some encouraging news on […]

Economy

Inflation gauge increased 0.4% in February, as expected and up 6% from a year ago

March 14, 2023 admin 0

Hits: 7 Inflation rose in February but was in line with expectations, likely keeping the Federal Reserve on track for another interest rate hike next week despite recent banking industry turmoil. The consumer price index […]

Economy

Something broke, but the Fed is still expected to go through with rate hikes

March 13, 2023 admin 0

Hits: 8 Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled The Semiannual Monetary Policy Report to the Congress, in Hart Building on Tuesday, March 7, 2023. […]

Economy

Unemployment for Black and Hispanic women rose in February, but more workers join the labor force

March 10, 2023 admin 0

Hits: 8 Women walk past by a “Now Hiring” sign outside a store on August 16, 2021 in Arlington, Virginia. Olivier Douliery | AFP | Getty Images The unemployment rate for Black and Hispanic women […]

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