Fed, inflation and September
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Fed Expected to Cut Interest Rates
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Stocktwits on MSN
Federal Reserve mulls shutting down check services amid falling usage and rising fraud risks
The Fed outlined multiple paths for the future of check processing as infrastructure needs grow. ・Digital payments are rising even as check fraud increases and volumes decline. ・Vice Chair Michelle Bowman raised concerns that the review could underestimate consumers and businesses that still rely on checks.
Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank presidents live in their districts for at least three years before taking office,
The Federal Reserve meeting next week is expected to be one of its most contentious in years, and investors are focused on how divided policymakers are over an expected interest-rate cut and what Chair Jerome Powell signals about the path ahead.
If the Federal Reserve cuts rates next week as predicted, and Kevin Hassett becomes Fed Chair, where will rates be at this time next year?
Another rate cut seems likely at next week’s Federal Reserve meeting -- unless Chair Jerome Powell invokes the latest economic data as grounds for a delay.
President Donald Trump said Sunday he has decided on his pick for the next Federal Reserve chair after making clear he expects his nominee to deliver interest-rate cuts.
Money Talks News on MSN
Federal Reserve data shows only 3% of retirees achieve million-dollar retirement savings
New Federal Reserve data reveals that only 3.2% of American retirees have accumulated $1 million in retirement accounts. The median savings for retirees aged 65-74 sits at just $200,000, highlighting a significant gap between retirement dreams and financial reality.
WASHINGTON (AP) — Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank presidents live in their districts for at least three years before taking office, a move that could give the White House more power over the independent agency.
Bitcoin's greatest bull runs have, in the past, coincided with a low federal funds rate. The Federal Reserve could soon cut that interest rate again. This is just one of many factors affecting Bitcoin,
Inflation stayed well above the Federal Reserve's target of a 2% annual rate in September according to a belated report on consumer prices.