Category: News Feed

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

Chairman Jerome Powell and his fellow central bankers will want to signal that it's important to continue the fight

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

The Fed in some ways is both closer and further away from its goals when it first started raising

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

Some market players questioned whether President Christine Lagarde would proceed with a hike, given recent shocks in the banking

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Long-awaited Fed digital payment system to launch in July

FedNow creates "a leading-edge payments system that is resilient, adaptive, and accessible," said Richmond Fed President Tom Barkin.

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Goldman Sachs cuts GDP forecast because of stress on small banks, which are key to U.S. economy

Goldman on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- and medium-sized banks.

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

Markets have changed their mind — again — about what they think the Federal Reserve will do next week

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

The producer price index was expected to increase 0.3% in February, according to Dow Jones estimates.

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Moody’s Analytics’ Mark Zandi says Fed unlikely to hike rates in March given banking turmoil

The Federal Reserve will likely not raise interest rates at its March meeting as there is still a "boatload

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

Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures that have rattled the

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