Tag: Federal Reserve Interest Rate

Goldman Sachs Group Inc. analysts have warned that rising interest rates are starting to have a detrimental effect on U.S. corporate profits. The strategists, led by David Kostin, observed that borrowing costs for S&P 500 companies have embarked on their fastest year-over-year rise in over...

Policymakers from both the U.S. Federal Reserve and the European Central Bank have grounds for optimism as they head into the final stretch of their fight against inflation for 2023. Economic data on Friday showed that the euro zone's core inflation rate ran at...

Futures on the New York Stock Exchange retreated on Tuesday following comments indicating that the Federal Reserve may be inclined to keep interest rates higher for longer. Fed policymaker Neel Kashkari revealed that while the US economy is showing signs of easing inflation, the...

U.S. executives appear to be unphased by the Federal Reserve's potential continuation of its interest rate-hiking agenda. Cisco CFO Scott Herren is one corporate leader who refuses to be concerned by another potential rate hike as his company proceeds with business as usual. Cisco...

The U.S. dollar held onto its gains on Thursday after the Federal Reserve decided to keep interest rates within the range of 5.25% to 5.5%. The dollar index, measuring the greenback against a basket of major currencies, rose to 105.68—its peak since March—before closing...

Goldman Sachs economists have revised their forecasts for the earliest date that the Federal Reserve might be expected to introduce an interest rate cut. While the investment firm's economists previously expected a rate cu in the second quarter of 2024, they have pushed their...