A new lawsuit alleging that Capital One cheated savers out of larger yields is a wake-up call for people who want to wise up and get the most out of their deposits, experts say.
"It's going to be a slow process to get to a hurdle to cut rates again. … I don't think you're going to see a cut at the next Fed meeting," Gundlach said.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Federated Hermes Inc. (NYSE:FHI), a prominent investment management firm, faces a complex market environment as it navigates challenges in its long-term product offerings while capitalizing on growth opportunities in its money market funds (MMFs).
The Fed meets this week, but the probability of another cut at Wednesday's meeting seems low amid elevated inflation and growth data, said Matt Fabian, a partner at Municipal Market Analytics.
The Federal Reserve is widely expected leave its benchmark interest rate steady this week, but economists and market participants will be keeping a close eye on what Fed officials say about the state of the economy and the outlook for rates.
The Fed is expected to hold off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.
Will the Senate GOP confirm controversial picks like Tulsi Gabbard and RFK Jr.? Here’s the hearings schedule and list of who’s been confirmed.
The new voters on the Federal Reserve's policy committee in 2025 are an official seen as one of the system's most dovish, as well as a centrist and two new faces who could bring a more stringent anti-inflation perspective. It's the latest change as the company continues to simplify its businesses.
Explore the stock market outlook for the first six months of 2025. Learn key trends, forecasts and insights to help guide your investment decisions.