Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at a desirable target level. The decision by the central bank came at the end of a ...
Tariffs are a matter of optics; U.S. interest rate was always the first priority for Trump: CIO
Jason Hsu, chairman and CIO of Rayliant Global Advisors says that the possibility that tariffs could be off the table or light is tremendously encouraging for the markets and that if tariffs are to be ...
Stock market today: Asian shares gain after S&P 500 climbs to a record and Bank of Japan raises rate
Asian shares have advanced after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.
Trump Is On A Collision Course With The Fed. What Happens Next?
Despite its claims of neutrality, the Fed’s independence serves more as a shield against accountability than a safeguard of economic stability. Can bitcoin fix it?
BOJ raises short-term interest rates to 0.5% in widely expected move
The Bank of Japan raised interest rates on Friday in a widely expected move, reflecting its growing optimism that wages will continue rising and keep inflation sustainably around its 2% target.
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‘The Fed is independent and it always has been’: O’Leary on Trump and interest rates | The Hill
President Trump wants interest rates lowered, but inflation is still running higher than the Fed’s target, and a decrease could risk further inflation. Kevin O’Leary, chairman of ...
Trump says he will ‘demand’ that interest rates come down, but it won’t be that simple
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.
UnitedHealth promotes Medicare chief to fill slain leader’s job
UnitedHealth Group Inc. promoted the head of its Medicare health plan business to lead the company’s broader insurance division, filling the job previously held by slain executive Brian Thompson. Tim ...
Trump takes aim at Fed in economic forum comments
In an address to the World Economic Forum in Switzerland, delivered via video link Thursday, President Donald Trump revisited his displeasure with the policy direction of the U.S. Federal Reserve that ...
President Trump demanded that interest rates drop 'immediately.' A CD can lock in high rates while they last
Trump said that he would require interest rates to come down. Find out how opening a CD now can help you prepare for falling interest rates.
Trump demands Fed cut rates, claims better monetary policy understanding
U.S. President Donald Trump on Thursday said he wants the Federal Reserve to cut interest rates at a time the central bank has hit pause for an uncertain duration, arguing he understands monetary ...
Viewpoint: LA's fires only make California's housing crisis worse
Housing construction permits were already trending downward. Now the wildfires in Los Angeles have taken away at least 10,000 occupied homes.