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The Fed indicated rates will remain higher for longer. What does that mean for you?
WGRZ-TV Buffalo· 5 days agoThe central bank kept its key rate at a two-decade high of roughly 5.3%, where it has been since...
European Shares Close up After ECB Delivers First Rate-Cut in Five Years
US News & World Report· 16 hours agoThe pan-European STOXX 600 closed 0.7% higher, off record high levels hit earlier in the session. The ECB went ahead with its first interest rate cut since ...
ECB Delivers Its First Rate Cut in Five Years
US News & World Report· 11 hours agoIt lowered its record-high deposit rate by 25 basis points to 3.75%, but raised its inflation forecast for this year and the next. The ECB stressed any further rate ...
No Relief for Emerging Currencies Seen as Investors Ponder Elections, Potential US Easing: Reuters...
US News & World Report· 2 days agoEmerging market currencies will struggle to rebound this year, pressured by a U.S. Federal Reserve that is in no rush to cut interest rates and some pivotal national election ...
Small Business May Show a Coming US Hiring Slowdown
US News & World Report· 13 hours agoPeaking at 11 people, the hiring in the end proved an overreach, and Biggins' staffing is now down to six, mostly through attrition. "We're not looking at hiring," said Biggins, whose firm in ...
Philippine CPI Rises for Fourth Straight Month in May
US News & World Report· 2 days agoEconomists in a Reuters poll had forecast annual inflation at 4.0%. The... Sentral ng Pilipinas (BSP) said last month's data was consistent with its expectations that inflation could accelerate ...
Euro Steadies Ahead of ECB Decision, Dollar Dips
US News & World Report· 21 hours agoThe Canadian dollar edged slightly higher, trimming some losses from the previous session, after the Bank of Canada became the first G7 country to cut its key policy interest
