Federal court oversight of the Oklahoma child foster care system ends after 13 years
Federal court oversight of the Oklahoma child foster care system officially ended after 13 years on Thursday. The parties in ...
Inflation and Gas Prices Just Hit 4-Year Lows. The Fed Won’t Care
“Today’s inflation report might appear to further open the door for future Fed easing, but lower airline fares, a volatile component, largely drove the better-than-expected results,” said Ronald ...
The Edge Singapore2d
Citi downgrades UOB to ‘neutral’, lowers target prices on all three banks, as it sees downside risks to NIMs
Analyst Tan Yong Hong believes management could lower their NIM outlooks on declining SORA rates and US rate cuts.
Kugler says Fed should hold interest rates amid inflation risks
Inflation could continue to be ‘persistent’ and prices could potentially increase again, Federal Reserve Governor Adriana ...
GST rate cut soon, tax review in final stages, says FM Nirmala Sitharaman
Sitharaman said that the ministerial group set up by the GST Council has done excellent work, which is in final stages now and that the minister would take one more look at the proposals and take it ...
Fed’s Bowman Says Economy’s Neutral Rate Higher Since Covid
Federal Reserve Governor Michelle Bowman said the neutral level for the central bank’s policy rate had likely risen since the ...
ECB moves towards neutral, but remains data dependent
Although the ECB would not pre-commit to future rate cuts, the fact that Christine Lagarde did not push back on lower rate ...
Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...
American Banker13d
Small inflation uptick leaves Fed waiting for signal to move
The Federal Reserve's preferred measure of inflation showed continued ... Hammack noted that for years following the global ...
Fed's Hammack Says Policy Likely Near Neutral
The Fed's 2024 rate cuts, as well a possible rise in the neutral interest rate, could mean that the Fed's policy setting might not be doing much to restrain the economy anymore, Cleveland Fed ...
Fed's Hammack says rates likely on hold for some time
Federal Reserve Bank of Cleveland President Beth Hammack said on Thursday she expects U.S. central bank interest rate policy is on hold for the time being amid a hunt for evidence that inflation ...
The Star16d
The Fed cannot ignore all of Trump’s intentions
By 2026 or 2027, the federal funds rate will fall to what the Fed sees as the neutral level consistent with 2% inflation. This path will likely involve just 50 to 75 basis points of rate cuts in ...