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Fed is ready to hit the poses button on the rate cuts for now. Here your money is affected.

January 28, 2025 0Comments

The borrowers expecting more financial relief from the Federal Reserve may wait for their hands, as the Central Bank expects to hit the stagnation button on an additional rate cut…

World

CFPB claims Capital One allegedly defrauded customers out of $2 billion in interest

January 14, 2025 0Comments

was capital one filed a lawsuit against Alleged by the Consumer Financial Protection Bureau for misleading consumers about offering high-interest savings accounts. The lawsuit claims that as a result, customers…

World

Dow falls after Powell's comments on rate cuts

December 19, 2024 0Comments

Dow falls after Powell's comments on rate cuts - CBS News Watch CBS News The Dow Jones Industrial Average fell more than 1,100 points Wednesday. Earlier in the day, the…

World

The Federal Reserve is expected to cut interest rates for the third consecutive time this week. Here's what to know.

December 17, 2024 0Comments

The Federal Reserve will make its final interest rate decision for 2024 on Wednesday, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in…

World

Inflation has increased for the first time since March

November 14, 2024 0Comments

Inflation rises for the first time since March - CBS News Watch CBS News The Consumer Price Index in October rose 2.6% year-over-year, the Labor Department reported Wednesday, a higher…

World

Minneapolis Fed chair says another interest rate cut in December is “certainly possible”

November 11, 2024 0Comments

Minneapolis Fed chair says another interest rate cut in December is "certainly possible" - CBS News Watch CBS News Neel Kashkari, the president of the Minneapolis Federal Reserve, tells "Face…

World

The Federal Reserve cuts interest rates by another quarter point

November 8, 2024 0Comments

The Federal Reserve cuts interest rates for another quarter - CBS News Watch CBS News The Federal Reserve on Thursday lowered its benchmark borrowing rate by 0.25 percentage points. Kelly…

World

Here's what to expect as the Fed's next interest rate cut looks likely

November 7, 2024 0Comments

Here's what the Fed's next interest rate cut is likely to look like - CBS News Watch CBS News On Thursday, the Federal Reserve will announce its latest decision on…

World

The Federal Reserve is planning a rate cut on Thursday. This is the effect on your money.

November 6, 2024 0Comments

The Federal Reserve is expected to cut interest rates for the second time this year on Thursday, a decision that comes less than two months after a surprisingly steep cut…

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In conflict: putting russia's datacentre market under the microscope

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