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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.
Fed’s Collins Says Uncertainties Point to Slower Cuts in 2025
Federal Reserve Bank of Boston President Susan Collins said a slower approach to adjusting interest rates is merited now as officials confront “considerable uncertainty” over the US economic outlook.
Collins Favors Slow, Gradual Rate Cuts in 2025
Federal Reserve Bank of Boston President Susan Collins described a healthy U.S. economy at present but with a wide range of plausible paths from here. She’s in favor of slow and gradual interest-rate cuts in 2025.
3h
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 ...
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
Bank scam sees fraudsters pose as police officers
A police force has warned that scammers may be posing as its officers. Between 2 and 4 January, Suffolk Police said there ...
11h
India's central bank begins unwinding curbs on NBFCs
The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) after they improved their ...
fox17online
1h
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 ...
2d
on MSN
'Stop shooting! My daughter is dead': Woman killed as West Bank power struggle rages
The "fearless" journalism student – who wanted to shed light on the suffering of the Palestinians – was with her mother, two ...
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 ...
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
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 ...
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