Oil price news: Oil edges lower as stronger U.S.
dollar hampers crude’s rallyFirst German Land-Based LNG Terminal Set for ConstructionUBS Boss Ermotti Says Banks Are Not the ‘Climate Police’Enel Debt at €60 Billion as Asset Sales Plan Seen On TrackClimate Change Worsened West African Heat Wave, Study SuggestsCanadians receiving unemployment benefits up 18% from last yearBank of Canada sees quantitative tightening ending in 2025Saskatchewan pre-election budget pitches record spending, $273M deficitBoC expects to cut rates this year, governing...
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Federal Reserve's policy decision poses risk to M&A spaceRallying around the prospects of higher-for-longer interest rates for the first half of 2024, the Federal Reserve's latest policy decision poses a big risk to the M&A (mergers and acquisition) space. Steward Partners CEO Jim Gold sits down with Yahoo Finance to discuss dealmaking activity in the greater wealth management landscape. Micron Q2 earnings 'blasted past' all analyst expectations
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Federal Reserve Officials Signal Three Rate Cuts in 2024 Despite High InflationFederal Reserve officials signaled that they still expect to cut their key interest rate three times in 2024 despite signs that inflation stayed high. They foresee fewer rate cuts in 2025 and slightly raised their inflation forecasts. The officials kept their benchmark interest rate unchanged and predicted that interest rates would have to stay slightly higher for longer. They also expect 'core' inflation to be 2.6% by the end of 2024.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Federal Reserve still foresees 3 rate cuts this year but envisions higher rates in futureWASHINGTON (AP) — Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024 despite signs that inflation stayed surprisingly high at the start of the year.
Source: SooToday - 🏆 8. / 85 Read more »