Fed hits pause on interest rate cuts amid Trump’s flurry of economic plans
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
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Data Setting Up Fed to Pause, Says Citi Economist Hollenhorst
Andrew Hollenhorst, chief US economist at Citi, says the Federal Reserve can take "a wait-and-see attitude" on interest rates ...
Federal Reserve Pauses Interest Rate Cuts—First Meeting Without A Cut Since July
Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop ...
Big banks hiked interest rates on borrowers but not for savers, senators say
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Gold Futures Rise Ahead of Federal Reserve Meeting
Gold futures rose, despite a stronger U.S. dollar, as the market awaits the first Federal Reserve meeting of the year.
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Citi beats profit on trading strength, but cuts return targets after 'critical' year
In 2020, the Office of the Comptroller of the Currency and the Federal Reserve fined Citi $400 million for some risk and data failures. Last year in July, regulators fined Citi $136 million for ...
Is the mail delivered on MLK Day? Are banks open? Here's what is open, closed in Arizona
Monday is Martin Luther King Day. Here's what to know about the businesses and services that are closed for the holiday in ...