Fed, Interest Rate
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Fed Chair Jerome Powell stays silent on the central bank's monetary policy and interest rate cut decisions in today's meeting.
Fed Chair Jerome Powell has come under pressure from President Trump to lower interest rates. AP “Nothing is burning on either side such that it suggests there’s a rush to act,” he said ...
The dollar rose against the euro due to U.S. trade talk progress but fell against the yen, influenced by Japan's interest rate prospects. Political uncertainty in Japan and upcoming ECB decisions also affected currency markets,
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced rates this year if not for potential consumer price hikes.
“The interest-rate discussion is really a proxy for the discussion of the affordability of college overall,” Coburn said. Scott Giles, CEO of the Vermont Student Assistance Corporation, noted that even before the doubling of student loan rates, the government was making a tidy profit from students.
The dollar hit a one-month high versus the euro on Tuesday in the wake of a string of trade agreements between the United States and its major trade partners, even as markets await interest decisions from the Federal Reserve.
Once we elevate the discussion from the kitchen table to the boardroom, interest rates can have a major impact on your business, directly and indirectly. For example, if your company is looking ...