The Federal Reserve's rate cut cycle will likely begin in June, said Whitney Watson, global co-head and co-chief officer of fixed income and liquidity solutions at Goldman Sachs Asset Management. She anticipates a 25 basis point cut to start, with the central bank following a measured approa...
Don’t expect too many details on the rate path from Powell, Russell Investments’ BeiChen Lin says Federal Reserve Chair Jerome Powell likely will not provide too many particulars on when the first rate cut will come, according to BeiChen Lin, investment strategist at Russell Investments. "I t...
Half-Point Rate Cut Had 'Broad Support,' Powell Says 5 months ago Fed's Powell Says Today's Rate Cut Can Help Maintain Labor Strength 5 months ago 5 months ago Fed Officials Are Split on Where Rates Go Next in 2024 5 months ago ...
The big takeaway from this Fed meeting goes beyond the quarter-point interest rate cut put into effect. This may prove to be the last rate cut for a few months. The economy has continued to surprise to the upside from a growth perspective, with Fed Chair Jerome Powell even referring to t...
Discusses the impact of the United States Federal Reserve Board's decision to cut by a half-point its federal funds rate on the furniture industry in the US. Catalyst anticipated by the investment community; Comments of industry experts on the benefits from rate cut.Slaughter...
Fed’s Powell Delivers Rate-Cut Blow, Why the Market Is Already Over It. And 5 Other Things to Know Before Markets Open. April 17, 2024, 6:56 am EDT It turns out two weeks is a long time in the world of central banks. Continue reading this article with a Barron’s subscription...
A CD's rate can't be changed during its term, letting you enjoy the high APY for months or even years into the future. Savings account rates, in contrast, can decline anytime. Given a rate cut by the Fed today, with more expected this year and next, longer-te...
This Is Why The Fed Is Aiming For A Neutral Rate In 2025 06:08 Trump Emergency Orders Signal Big Shift For Energy Sector. What Investors Need To Know. Stock Market Today See all videos 18:43 Blue Chips, Small Caps Pause Ahead Of Jobs Report; MAR, SCHW, HLI In Focus ...
Investors have been anticipating a potential rate cut or the beginning of a rate-cutting cycle at the March meeting, but Federal Reserve Chair Powellexpressed skepticismabout that timing Wednesday afternoon. "Based on the meeting today, I would tell you that I don't think it's likely that the...
With less expectation for additional interest rate cuts in 2025, there may not be as much reason to lock in returns on cash now, said Ken Tumin, founder of DepositAccounts.com. Moreover, high-yield online savings account rates are generally higher than what CDs now offer, he said....