India central bank rate cut for 'growth-inflation dynamics' amid rupee depreciation The RBI's decision comes after government unveiled income tax cuts in its annual budget Sri Lanka central bank says excludes excess reserves from monetary base on IMF manual ...
As professionals in the field, embracing these technologies is not just about staying competitive—it’s about leading the charge into a future where AI is at the heart of every financial transaction and decision. Understanding and leveraging these advancements will be critical in shaping the next ...
But a weak July jobs report signaled that the labor market could be buckling under the impact of high rates, boosting economists' forecasts that the central bank is likely to cut its benchmark rate at its September meeting. While inflation has been at the forefront of concerns, the ...
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Try these strategies to minimize taxes on money you set aside for retirement. Rachel HartmanDec. 23, 2024 Can I Afford Long-Term Care Insurance? Assess the cost considerations of long-term care insurance for retirees and pre-retirees.
Last week the ECB cut interest rates for the third time this year and four sources close to the decision told Reuters a fourth cut was likely in December unless data turned around in the coming weeks. However, on Thursday three ECB officials tried to cool speculation about rate cuts, and ...
When President Biden announced his decision to drop his campaign for a second term, everything we thought we knew about the 2024 election was turned on its ear. The questions, the speculation, and the theories all began to swirl. In this episode ofWashingtonWise, host Mike Townsend clears up...
The unemployment rate, while still low at 4.2%, has risen nearly a full percentage point in the past two years. Concern over rising unemployment contributed to the Fed’s decision in September to cut its key rate by a larger-than-usual half point. ...
The rate decision was also accompanied by the quarterly "dot plot" release, which reveals where each Fed board member (represented by an unnamed dot on a graph) predicts the federal funds rate will be at the end of the current year and the next two years. The June dot plot ...
This has encouraged homeowners to stay in place for longer. Three-fifths of homeowners said their low mortgage rates influenced their decision not to sell and, instead, build up their home's growing equity, according to TD Bank. Mortgage rates are expected to fall slightly above 6% next...