Browsing: jeromepowell

After the Fed’s comments, grab these CD rates while you still can

business February 1, 2024

[ad_1] Higher interest rates have made borrowers scream for the past three years, but they’ve been pretty good for savers.…

Jerome Powell says it ‘takes time’ for slowdown in rents to show up in the Fed’s inflation gauge

business August 25, 2023

[ad_1] Federal Reserve Chair Jerome Powell on Friday said that the central bank is aware that rent growth is slowing…

The Fed will either pause or hike interest rates by 25 basis points. What are the pros and cons of each approach?

business March 21, 2023

[ad_1] The Federal Reserve will meet on Wednesday and, for once, the outcome is unclear. This is the most uncertain…

First Republic gets deposits of $30 billion from 11 major U.S. banks, including JPMorgan Chase, Bank of America and Wells Fargo

business March 17, 2023

[ad_1] Bank of America BAC, Citigroup C, JPMorgan Chase JPM and Wells Fargo WFC said Thursday that they are each…

Strong jobs report a sign Fed needs to do more to quell inflation, officials say

business February 7, 2023

[ad_1] Two senior officials at the Federal Reserve are saying the central bank needs to raise interest rates higher to…