Fed Leaves Interest Rates Unchanged, But 2025 Cuts Are Still Expected
The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its ...
Long Island Business News1h
Cantor: Long Island’s 2025 economy: dependent on unfolding uncertainties
Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.
No Surprise Cut From The Fed, And That Could Continue In The Coming Months
The Fed keeps rates unchanged, signals more hawkish stance on inflation and describes real economy as solid. See why I don't expect rate cuts in the coming months.
Bank of Canada15h
Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...
Federal Reserve decides not to change interest rates despite pressure from Trump
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
The Citizen3h
Hotel sector’s income almost at ‘nominal’ levels
The November 2024 hotel sector data confirms that the industry has not yet fully recovered to pre-COVID-19 strength.' ...
EU GDP data miss consensus – Focus on ECB rate decision
- 08:15 (EU) ECB Interest Rate Decision: Expected to cut Key Rates by 25bps; Expected to cut Deposit Rate by 25bps to 2.75%; Expected to cut Main 7-Day Refinancing Rate by 25bps to 2.90%; Expected to ...
BoC’s Macklem: Tariff threat affecting Canadian Dollar more than interest rate differences
Bank of Canada Governor Tiff Macklem said late Wednesday that the central bank can’t repair the economic damage of a trade ...
MoneySense20h
Bank of Canada cuts key interest rate by quarter point to 3%
The central bank announced its sixth cut in a row since June, as looming U.S. tariffs add uncertainty to the economic outlook ...
Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...
Fed Pivots To Wait-And-See, Keeps Rates At 4.25-4.50%, Restarts Inflation Worries; QT Continues
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
Engineering News3h
IATA reports that 2024 set a new record for air cargo demand
The International Air Transport Association (IATA), which is the global representative body for the airline industry, has reported that 2024 was a record year for air cargo, beating the previous ...