The Fed's next move
BusinessBloombergECB’s Panetta Says Reasonable to Think Interest Rates Will Fall
(Bloomberg) -- European Central Bank Governing Council member Fabio Panetta said it’s realistic to expect that there are further interest-rate cuts ahead.Most Read from BloombergThe Serious Work That Free Play Can Do‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe Breaks“It is reasonable to think that we are going toward a phase of loosening of monetary policy,” Panetta, who is also Bank of Italy governor, said on Wednesd
BusinessYahoo Personal FinanceSavings interest rates today, August 21, 2024 (top rate at 5.50% APY)
Savings interest rates available today are well above historical norms. Find out where to get the best cd rates.
BusinessBloombergPowell Confronts Policy Crossroads With All Eyes on Jackson Hole
(Bloomberg) -- Chair Jerome Powell will usher in the next chapter in the Federal Reserve’s inflation battle on Friday, when he’s expected to set the table for an interest-rate cut while reassuring investors that policymakers can stave off a sharp economic slowdown.Most Read from BloombergThe Serious Work That Free Play Can Do‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksThe hotly anticipated speech at the Fed’s a