News

Bank of Korea to hold rates at 2.75% on April 17, assessing trade impact: Reuters poll
The Bank of Korea will keep its key interest rate unchanged at 2.75% on Thursday, according to a Reuters poll of economists ...
Tariff-Induced Inflation Surge May Be Temporary, Fed Official Says
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...
Fed's Waller warns high tariffs could push inflation near 5% while economy slows 'to a crawl'
Fed governor Chris Waller warned that inflation could surge this year near 5% and economic growth could 'slow to a crawl' if the effective tariff rate remains at 25%. He believes the central bank may ...
Trump’s trade war threatens U.S. economy. Minneapolis Fed pres. sees ‘no easy choices.’
The Federal Reserve is in a bind. President Donald Trump has been pressuring the central bank to lower interest rates, even ...
SNP part-time fat cats raking in £1,000 A DAY for sitting on boards of public bodies
Fat cats and quangocrats are earning 'eye-watering' daily rates for working on the boards of Scotland's public bodies, ...
PenFed CD Rates: Pros, Cons, and Current Rates
Explore PenFed CD rates. PenFed is a credit union that permits anyone in the United States to open CDs. Explore CD options ...
Truist CD Rates: Pros, Cons and Current Rates
Discover Truist CD rates and secure your savings. Learn about CD options, find current rates, and determine if Truist CDs are ...
Mortgage Rate Increases Pile On, Surging 4 of the Last 5 Days
Rates on 30-year new purchase mortgages jumped another 8 basis points Friday, ending the week at a 7.14% average. With four ...
Forbes Recession Tracker: White House Promises No Recession This Year—As Hedge Fund Billionaire Warns Of ‘Something Worse’
The White House's confidence about no 2025 recession is far from a consensus view among Wall Street bigwigs and prominent ...
Mexico's finance minister to ask banks to lower interest rates, president says
Mexican President Claudia Sheinbaum said on Monday that she had instructed Finance Minister Edgar Amador to speak with banks ...
Americans braced for biggest unemployment rate jump since the pandemic as tariffs muddy outlook
A rising percentage of Americans are concerned about the labor market outlook as unemployment expectations reached their ...
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Where Every Big Bank Stands On Wednesday's Interest Rate Announcement
As we head into the April interest rate announcement, there continues to be an undercurrent of uncertainty and economists are split on whether the Bank of Canada will cut or hold. April 14, 2025 ...