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The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.
Major Wall Street brokerages have retracted forecasts for a September interest rate cut by the Bank of England as inflation ...
Regional lender Huntington Bancshares on Friday raised its annual interest income forecast, betting on robust loan growth and lower deposit costs.
PepsiCo jumped 7.5% after delivering revenue and profit that topped Wall Street’s expectations. The drink and snack giant ...
JPMorgan CEO Jamie Dimon said that accurate economic forecasts are a challenge because key shifts are apparent only in hindsight, citing tariffs and trade uncertainty, worsening geopolitical ...
U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the ...
When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, ...
A new paper jointly published by the Federal Reserve Banks of New York and San Francisco explores the possibility of the Fed ...
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
The Federal Reserve on Wednesday stuck to its forecast of two interest-rate cuts in 2025 despite seeing a burst of inflation coming in the next few months as a result of higher tariffs. In an ...
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