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Tag Archives: rate

A Fed rate cut is in the bag. So what?

SAN FRANCISCO (Reuters) – US central bankers are expected to cut borrowing costs for the first time since the depths of the financial crisis more than a decade ago this week. That's the easy part. FILE Photo: Federal Reserve Board Chairman Jerome Powell says at a Senate Senate Committee on Banking, Housing and Urban Affairs's "Half Year Monetary Policy Report …

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Ex-Fed chairman Janet Yellen calls for a rate cut

Janet Yellen Scott Mlyn | CNBC The United States is not an island. We are part of the world economy. What's happening in the rest of the world – in Europe, in Asia – affects the United States. Janet Yellen Former US Federal Reserve Chair Inflation in the US remains low too – according to Yellen, too low. "The United …

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Kurt Warner sees in Giants' Daniel Jones a big potential red flag: "The error rate drops sharply" when …

Daniel Jones uncovers a beautiful 50-yard pass that heads for a wide-open receiver and shows Giants' often-tapped rookie quarterback has plenty of arm power during training on Thursday. That's also the sound of the face-palm the Giants make when Kurt Warner's concerns about Jones turn out to be correct. "I think he's smart, I think he knows how to play …

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Microsoft brightens the mood on Wall Street as hopes for a rate cut rise

(Reuters) – US stock futures rose significantly on Friday, as Microsoft's cloud business, driven by signs from New York Fed President John Williams, said the Fed would lower interest rates this month , recorded an uptrend. Traders walk on the New York Stock Exchange (NYSE) floor in New York (USA) on July 16, 2019. REUTERS / Brendan McDermid Microsoft Corp. …

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The Fed's expected interest rate cut is not supported by economic data

If the US Federal Reserve gives strong indications of a key rate cut at the end of July, it will be monetary policy in the face of a strong consumer, a record-breaking stock market and an increasingly difficult case. Justifying a loosening of monetary policy against such a background could be difficult for the Fed, even though markets expect a …

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China's economy slows to its lowest rate in nearly 30 years: NPR

People pass a store in Beijing on Monday. Government figures show that China's economic growth reached its lowest level in nearly three decades in the second quarter. Andy Wong / AP Hide Caption Switch caption Andy Wong / AP People pass by a shop in Beijing on Monday. Government figures show that China's economic growth reached its lowest level in …

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