The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and Chair Jerome Powell’s view that the ...
According to the University of Hawai‘i Economic Research Organization’s (UHERO) third quarter forecast for 2024, Hawai‘i’s economic trend growth is now slower than in past decades. The report ...
The week in markets started with the Federal Reserve cutting interest rates by more than most economists expected.
Fed cuts rates by 50 basis points, hints at more cuts in the future. Powell emphasizes labor market and data-dependence. Wall ...
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...
The Fed's rate cuts boost Bitcoin and markets. Big banks, including Morgan Stanley and Goldman Sachs, offer differing impact ...
MORE: What does the Fed interest rate cut mean for mortgages and homebuyers? By the end of 2024, interest rates will fall ...
Global cryptocurrencies received a much-needed boost on Wednesday when the US Federal Reserve reduced interest rates by 50 ...
Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...
Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of ...
The Bank of Japan kept interest rates steady on Friday and revised up its assessment on consumption, signalling its ...