Hong Kong banks keep prime rates unchanged despite HKMA base rate cut
Hong Kong’s three note-issuing banks – HSBC, Standard Chartered and Bank of China (Hong Kong) – have kept…
Fed Again Cuts Interest Rates By 0.25%
Topline President Donald Trump on Wednesday criticized the Federal Reserve, arguing the central bank’s latest reduction in interest…
Here’s what changed in the new statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in October.…
Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds
WASHINGTON (AP) — The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome…
Economist Mohamed El-Erian says next Fed chair should reform central bank
As the Federal Reserve eyes a period of transformation to a new chairman, famed economist Mohamed El-Erian is…
Hassett Emerges as Frontrunner in Trump Fed Chair Audition
Kevin Hassett (Bloomberg) — White House National Economic Council Director Kevin Hassett is seen by advisers and allies…
Fed won’t get key inflation data before next rate decision as BLS cancels October CPI release
The U.S. Bureau of Labor Statistics is the principal Federal agency responsible for measuring labor market activity, working…
Sharp disagreements over economy threaten Federal Reserve interest rate cut
WASHINGTON (AP) — What was once seen as a near-certain cut in interest rates next month now looks…
More Americans Filed For Unemployment Last Month Than Expected
Topline The number of Americans who filed for unemployment rose more than expected from mid-September to mid-October, according…
Trump’s dinner with top CEO’s consisted of praising a ‘booming’ economy while addressing tariff concerns
Last week, some of the nation’s top CEOs talked and laughed with President Trump while enjoying dinner at the White…