The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Officials cut rates at their previous three meetings before taking a pause.
Federal Reserve Chair Jerome Powell made clear on Wednesday the US central bank intends to hold interest rates where they are ...
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
First Northwest Bancorp(Nasdaq: FNWB) ("First Northwest" or the "Company") today reported a net loss of $2.8 million for the ...
Several major U.S. banks have announced plans to close more than 100 branches between Thanksgiving and January, according to ...
Community Financial System, Inc. ( NYSE: CBU) Q4 2024 Earnings Conference Call January 21, 2025 11:00 AM ET Dimitar Karaivanov - President and Chief Executive Officer Joseph Sutaris - Executive Vice ...
CLEVELAND, Ohio - The Cleveland metropolitan area is among the worst for job growth since the pandemic in the United States.
Jan 16 (Reuters) - The Federal Reserve should stay independent, Trump's pick to be U.S. Treasury Secretary told a Senate panel on Thursday. "I think on monetary policy decisions, the FOMC should ...
The complete text of the Bank Act can be found on the Department of Justice website. The following sections of the Bank Act are designated as consumer provisions: (a) paragraphs 157(2)(e), sections ...
Fixed income markets anticipate that the Federal Reserve will cut interest rates in 2025, but not by much. Short-term interest rates are expected to end 2025 close to 4%. That’s down from the ...