Browsing: cuts

Chairman Jason Smith (R-MO) speaks during a House Committee on Ways and Means in the Longworth House Office Building on April 30, 2024 in Washington, D.C.Anna…

Toronto-Dominion Bank is moving up the start date for its new chief executive officer, Raymond Chun, by two months and slashed executives’ pay in the wake…

Federal Reserve Governor Christopher Waller said Thursday that the central bank could lower interest rates multiple times this year if inflation eases as he is expecting.In…

UPDATE: This article includes comments made during Citi’s earnings call.Citigroup CEO Jane Fraser made her feelings about expenses crystal clear on Wednesday: The megabank, which has…

Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be…

President-elect Donald Trump has announced members of his senior leadership team at the Treasury Department, who’ll work alongside Scott Bessent, his pick for secretary. Ken Kies will…

Enjoy complimentary access to top ideas and insights — selected by our editors. In this year’s roundup of top banking news for 2024: The tug-of-war between…

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in…

Fed lowers interest rates for third time this year, signals slower pace of cuts in 2025 Source link

The Federal Reserve’s latest dot plot, explained – and what it says about interest rate cuts Source link