The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for ...
Banks are expecting increased M&A activity across the financial sector, but are concerned about acquisition by credit unions ...
A strong January jobs report has investors believing the Federal Reserve likely won't be cutting interest rates in the near ...
By Ann Saphir (Reuters) -Federal Reserve officials on Friday said the U.S. job market is solid and noted the lack of clarity over how President Donald Trump's policies will affect economic growth and ...
The Federal Reserve is managing its securities portfolio and commercial banks' liquidity through reverse repurchase ...
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
The February jobs report reveals the economy added 143,000 jobs, continuing a hiring trend but falling short of analysts' ...
A political odd couple is joining forces to lower credit card interest rates. Sen. Bernie Sanders (I-Vt.) and Sen. Josh ...
A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...
Defying fears of a pandemic-driven Great Depression and bucking Federal Reserve interest rate hikes as well, the U.S. job ...
The Federal Reserve spent a good part of 2022 and 2023 implementing interest rate hikes in response to rampant inflation. But now, the central bank needs to reverse some of those hikes as inflation ...