- Bank of England presses pause on rate cuts, highlights 'gradual approach'on September 19, 2024 at 12:02 pm
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis point rate cut.
- Ray Dalio says the Fed has a tough balancing act as the economy faces 'enormous amount of debt'on September 19, 2024 at 3:03 am
On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global economy.
- Ray Dalio names the top five forces shaping the global economyon September 18, 2024 at 5:13 am
Speaking at the Milken Institute's Asia Summit in Singapore, the founder of Bridgewater Associates said the five factors are interrelated and often cyclical.
- Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even biggeron September 17, 2024 at 4:57 pm
A recent report funded by Bank of America revealed that Latinas contributed $1.3 trillion to U.S. GDP in 2021, and some economists think it could be more.
- Former Dallas Fed President Kaplan advocates for a half-point interest rate cuton September 17, 2024 at 1:50 pm
Making the bolder move of 50 basis points would better position policymakers heading into the latter part of the year, Kaplan told CNBC.
- The Fed has the proof it wants that inflation is slowing, but the next move is still up in the airon September 15, 2024 at 3:00 pm
A week's worth of inflation data showed that price pressures have eased substantially.
- Interest payments on the national debt top $1 trillion as deficit swellson September 12, 2024 at 7:42 pm
The August shortfall popped by $380 billion, a dramatic reversal from the $89 billion surplus for the same month a year prior.