Tag: interest rates
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Fed’s Bowman: Inflation Progress Needed Before Rate Cuts
Federal Reserve Governor Michelle Bowman stated on Monday that while monetary policy is "now in a good place," she wants to see further progress...
US Consumer Debt Delinquencies Hit Highest Level Since 2020
Rising Delinquencies Signal Financial Struggles
Americans are falling behind on their debt payments at the highest rate in nearly five years, according to a new...
Bank of America CEO: Fed Likely to Delay Rate Cuts
Consumer Spending Signals Strong Demand
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending in early 2025 suggests the Federal Reserve may...
US Stocks Struggle as Investors Weigh Big Tech Earnings
US stocks made little progress on Thursday as investors assessed megacap tech earnings and awaited Apple's (AAPL) quarterly results for insights into Big Tech's...
Markets Hit Record Highs Amid Post-Trump Election Rally
U.S. stocks extended their rally on Thursday, hitting record highs as investors digested the implications of Donald Trump's presidential victory. The S&P 500 rose...
