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Federal Reserve Bank of Boston President Susan Collins says uncertainties point to slower cuts in 2025
Collins, in prepared remarks for an event Thursday in Boston, said the economy was in a “good place,” but noted that progress on cooling inflation will likely be slower this year than previously anticipated.
Fed’s Collins Says Uncertainties Point to Slower Cuts in 2025
Federal Reserve Bank of Boston President Susan Collins said a slower approach to adjusting interest rates is merited now as officials confront “considerable uncertainty” over the US economic outlook.
Fed's Collins says now is time for patient, gradual approach to rate cuts
Federal Reserve Bank of Boston President Susan Collins said Thursday that significant uncertainty over the outlook calls for the central bank moving forward cautiously with future rate cuts. “With an economy that is in a good place overall and policy already closer to a more neutral stance,
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.
Surprising changes are likely for Fed interest rate cuts in 2025
Though the Fed had initially anticipated frequent rate cuts through 2025 and even 2026, it readjusted its projections in December. Powell noted that caution will be used going for
3h
Fed's Schmid says central bank 'near' neutral interest rate level
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
1h
Top Federal Reserve official says central bank is ‘pretty close’ to meeting key targets
A top Federal Reserve official has said the US central bank is “pretty close” to meeting its objectives on inflation and ...
2h
Israeli drone strike in West Bank kills two children, Palestinians say
Two children were among three Palestinians from the same extended family killed in an Israeli drone strike in the occupied ...
5h
on MSN
Swiss central bank sees 2024 profit at record $88 billion as gold, stock prices jump
The Swiss National Bank will likely report a record full-year profit of around 80 billion Swiss francs ($87.79 billion) for ...
1d
Deutsche Bank to Buy Bad Loans From First Abu Dhabi Bank
Deutsche Bank AG is set to acquire a portfolio of soured loans worth around $800 million from the United Arab Emirates’s ...
1h
on MSN
Lloyds, Halifax and Bank of Scotland to share branches
The move is intended to make it easier for people to access banking services, but some warn it will lead to more branch ...
1d
on MSN
Sri Lanka c. bank to focus on stronger crisis recovery in 2025
Sri Lanka will focus on stronger recovery this year after the island nation posted real GDP growth of 5% in 2024, the highest ...
1d
This Anker power bank has a built-in display, retractable cable, and is TSA-certified
Since the power bank is designed for on-the-go use, including travel, it is also TSA-certified as a carry-on item. The ...
2d
on MSN
'Stop shooting! My daughter is dead': Woman killed as West Bank power struggle rages
The "fearless" journalism student – who wanted to shed light on the suffering of the Palestinians – was with her mother, two ...
2d
Indonesia’s Bank Mandiri Debuts $1 Billion Syndicated Loan
Indonesia’s state-owned Bank Mandiri is marketing its first syndicated facility of $1 billion, according to people familiar ...
5h
Bank of Mexico board sees larger rate cuts on the table
The Bank of Mexico could increase the size of cuts to its benchmark interest rate in future meetings as inflation eases in ...
2d
on MSN
Food bank faces 'big problem' of losing its base
A food bank faces the "big, big problem" of losing its permanent base, its co-director has warned. Armin Lange said despite ...
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