Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Moneyweb8h
‘Our real interest rate is 8.3% – the highest in the world’
In light of the Altron FinTech Household Resilience Index, Dr Roelof Botha deplores the MPC’s rate-cut decisions and ...
Household finances remain deeply in debt costs as sky-high interest rates continue to crimp economy
Interviewed at the release of the Altron FinTech Household Resilience Index (AFHRI) on Thursday, he said: “The extent of the ...
Engineering News10h
Households continue to feel the pressure of high interest rates
The high interest rates continue to place financial pressure on South Africa’s households, the latest Altron FinTech Household Resilience Index (AFHRI) shows, noting that over the last three years, ...
Fed Pivots To Wait-And-See, Keeps Rates At 4.25-4.50%, Restarts Inflation Worries; QT Continues
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
Ahead of the Fed Decision, Here’s How Interest Rates Have Moved Since 2000
Market pricing shows investors are nearly unanimous in expecting the Federal Reserve to stand pat on interest rates Wednesday ...
Why the Fed may be done cutting interest rates, once and for all
Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal ...
Fed kicks off 2024 by standing pat on interest rates
Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.
Fed pauses interest rate cuts amid rising inflation concerns
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
Trump slams Fed after decision to hold interest rates steady
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...