Top Fed Official Backs Jul. Rate Cut
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The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later this month, with data showing fresh signs of higher inflation and President Donald Trump intensifying his demands for lower borrowing costs.
Governor Christopher Waller's comments come as tensions between Fed Chair Jerome Powell and President Donald Trump have reached a boiling point in recent days.
Federal Reserve Governor Christopher Waller says policymakers should cut interest rates now to support a labor market that is showing signs of weakness. Separately Federal Reserve Bank of San Francisco President Mary Daly Told Bloomberg she still thinks it's reasonable for policymakers to plan on two interest-rate cuts this year,
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,
HDFC Bank expects its net interest margins to remain steady over the next few quarters, aided by the gradual pass-through of recent repo rate cuts and deposit repricing
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Major Wall Street brokerages have withdrawn their expectations for a September interest rate cut by the Bank of England, as inflation remains sticky and the labour market resilient. Britain's annual rate of consumer price inflation unexpectedly rose to its highest in over a year at 3.
The European Central Bank can delay its final interest-rate cut until December without investors concluding in the meantime that easing is over, a Bloomberg survey of economists showed.