10-year Treasury yield near 4-month high as Powell signals Fed in no rush to push rates much lower
The 10-year Treasury yield hovered near a 4-month high on Thursday after Federal Reserve chair Jerome Powell indicated that the central bank is in no hurry to slash interest rates. The 10-year ...
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Food banks preparing for high need this Thanksgiving
A 32% spike in demand for services at Second Harvest Food Bank of North Central Ohio set the expectation this year.
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What payment firms want from real-time's next chapter
Real-time payments and FedNow were top of mind at The Clearing House's Annual Convention this week. Here's how banks and ...
Top Federal Reserve official defends central bank’s independence in wake of Trump win
Andriana Kugler, a member of the Fed’s board, says economic research shows that an independent central bank typically does a ...
Where you can donate and volunteer for Thanksgiving on Central Coast
Thanksgiving is around the corner and for people who want to get into the spirit of the holiday, KSBW 8 has compiled a list ...
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Fed Chair Jerome Powell says no need to 'hurry' rate cuts
While speaking in Dallas on Thursday, Powell said economic growth will allow the Fed to tread carefully before making any ...
Fed will likely cut rates cautiously given persistent inflation pressures, chairman says
The head of the Federal Reserve said Nov. 14 that the central bank will likely cut its key interest rate slowly and ...
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Lebanon economic losses top $5 billion in year of clashes: World Bank
More than a year of clashes that recently escalated into war have cost Lebanon more than $5 billion in economic losses, with ...
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Fed will reserve judgement about Trump economic policy 'until we know what we're talking about, Powell says
Fed Chair Powell was pressed about how the central bank will alter its policy in the wake of President-elect Donald Trump's ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
Fed Chair Jerome Powell says no need to rush rate cuts, cites strong economy
But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...