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Top Fed Official Backs New Rate Cuts
Federal Reserve Bank of Boston President Susan Collins says uncertainties point to slower cuts in 2025
Collins, in prepared remarks for an event Thursday in Boston, said the economy was in a “good place,” but noted that progress on cooling inflation will likely be slower this year than previously anticipated.
Federal Reserve Officials at December Meeting Expected Slower Pace of Rate Cuts Ahead
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.
Israeli Raids in West Bank Kill 3 Militants
Israeli drone strike in West Bank kills two children, Palestinians say
Two children were among three Palestinians from the same extended family killed in an Israeli drone strike in the occupied West Bank on Wednesday, Palestinian officials say. The governor of Tubas said the strike in the town of Tammun killed Adam Besharat, 23, and his cousins Hamza Besharat, 10, and Reda Besharat, eight.
Violence surges in West Bank as three Israelis killed and reprisals reported
Multiple Israeli settler attacks against Palestinians have been reported in parts of the occupied West Bank after gunmen killed three Israelis and injured eight others earlier on Monday in the latest explosion of violence there.
Live Briefing: Strikes, raids in West Bank follow killing of three Israeli settlers
Three Palestinians were killed, including two children, in an Israeli airstrike in the West Bank on Wednesday, Palestinian officials said.
Suspect arrested in lobby of Butte bank
Suspect in attempted bank robbery in custody, set to face judge
Donald Brubaker is being held at the Kent County Correctional Facility on charges unrelated to the attempted robbery on January 6. The Grand Rapids Police Department says the 41-year-old will be arraigned on a charge of bank robbery on Thursday.
Butte bank robbery suspect appears in court
A Butte man was charged Wednesday morning in connection with Tuesday’s robbery at the Butte Wells Fargo bank. President Biden stood next to Gov. Gavin Newsom and pledged full federal support as fires burned through Los Angeles County.
Suspect arrested in lobby of Butte bank after attempted robbery
A 45-year-old Butte man is in custody after entering a Well Fargo Bank and demanding cash.Officers arrived at the scene and arrested the robbery suspect who wa
1h
Fed's Schmid says central bank 'near' neutral interest rate level
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
1d
Deutsche Bank to Buy Bad Loans From First Abu Dhabi Bank
Deutsche Bank AG is set to acquire a portfolio of soured loans worth around $800 million from the United Arab Emirates’s ...
1d
on MSN
Food bank faces 'big problem' of losing its base
A food bank faces the "big, big problem" of losing its permanent base, its co-director has warned. Armin Lange said despite ...
4h
Bank of Mexico board sees larger rate cuts on the table
The Bank of Mexico could increase the size of cuts to its benchmark interest rate in future meetings as inflation eases in ...
2d
Indonesia’s Bank Mandiri Debuts $1 Billion Syndicated Loan
Indonesia’s state-owned Bank Mandiri is marketing its first syndicated facility of $1 billion, according to people familiar ...
1d
This Anker power bank has a built-in display, retractable cable, and is TSA-certified
Since the power bank is designed for on-the-go use, including travel, it is also TSA-certified as a carry-on item. The ...
1d
on MSN
Sri Lanka c. bank to focus on stronger crisis recovery in 2025
Sri Lanka will focus on stronger recovery this year after the island nation posted real GDP growth of 5% in 2024, the highest ...
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