How Texas barbecue came to dominate the new Michelin Guide
Michelin’s embrace of Texas barbecue wasn’t pandering. It was an acknowledgment of the creativity, skill and community spirit ...
Yahoo Finance14d
Investors are counting on Jay Powell to keep Fed rate cut plans on track
Traders agree. They are pricing in a near 100% chance of a 25 basis point cut. The Fed in September predicted two more small cuts for the remainder of 2024. Former Kansas City Fed president Esther ...
The Financial Times15d
Federal Reserve poised to look past US election uncertainty with quarter-point interest rate cut
The Federal Reserve is poised to lower its benchmark policy rate by a quarter-point next week, sticking to its course in the face of a distorted jobs report and uncertainty over economic policy ...
Nasdaq16d
JPMorgan still sees 25 point cut next week after jobs number
JPMorgan Chief U.S. Economist Michael Feroli continues to look for a 25 basis point interest rate cut in the funds rate target at next week’s Federal Reserve meeting. While “the picture is a ...
NBC New York16d
Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds
Credit card APRs edged lower after the Federal Reserve cut interest rates by a half point, but not by much. Even with more rate cuts expected to come, consumers carrying a balance on their credit ...
NBC Connecticut16d
Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds
Those APRs are edging lower — but not by much — now that the Fed dialed back interest rates by a half point on Sept. 18 and is expected to cut its benchmark rate again when it meets next week.
Fox Business17d
October jobs report to arrive days ahead of Election Day, Fed's rate cut decision
The market currently expects that the Fed will cut interest rates by 25 basis points next week after a larger than usual 50 basis point cut in September, which was the first rate cut in four years.
Seeking Alpha18d
Fed's bumper half-point cut 'wrong move' with inflation still a risk: SA Election Forum
The Federal Reserve risked accelerating inflation with its large half-point interest rate cut last month, according to one analyst at Wednesday’s Seeking Alpha’s Election 2024 Investing Forum ...
The Globe and Mail19d
Bank of Canada ready for another half-point rate cut if warranted, Macklem says
Bank of Canada Governor Tiff Macklem said the central bank is prepared to cut interest rates by half a percentage point again if the economic conditions warrant it. “We’re taking it one ...
Fox Business19d
Larry Fink says Fed won't cut interest rates as much as people think, warns inflation 'embedded'
"It's fair to say we're going to have at least a 25 (basis point cut), but that being said, I do believe we have greater embedded inflation in the world than we've ever seen," Fink said.
Business Insider19d
The Fed is likely to disappoint markets with just one more rate cut this year amid global inflation, BlackRock CEO says
Fink said the Fed will likely cut interest rates by 25 basis points before the end of the year amid a rise in global inflation. "I think it's fair to say we're going to have at least a 25 ...