The Federal Reserve cut its benchmark interest rate by a quarter of a percentage point Thursday, as expected, to the ...
Jerome Powell, Chair of the Federal Reserve Board made the announcement on Thursday, Nov. 7. With inflation cooling several weeks ago, the benchmark interest rate, known as the federal funds rate, ...
(Reuters) -The S&P 500 index inched closer to the 6,000 mark and the Dow gained on Friday, as a sweeping Trump victory ...
The forecasts followed the US central bank's interest rate cut by a quarter percentage point on Thursday, the second straight reduction after a bigger half point cut in September. "I do see that next ...
Net interest contributions continue to benefit from an elevated interest rate environment, combined with our low cost fixed rate debt. Based on our prospect pipeline, we anticipate a book-to-burn ...