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Top Banker & Tradesman News

Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
Donald Trump · United States

Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated

58% Center coverage: 112 sources
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting. The Fed’s policymakers are likely to signal fewer interest rate cuts next year than were previously expected.See the Story
Overdraft fees could be capped at $5 under new federal rule
Lina Khan · United States

Overdraft fees could be capped at $5 under new federal rule

53% Center coverage: 60 sources
Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer Financial Protection Bureau. See the Story
Stocks drop sharply after Fed cuts interest rates and signals more cautious approach next year
Stock Markets · United States

Stocks drop sharply after Fed cuts interest rates and signals more cautious approach next year

44% Left coverage: 48 sources
U.S. stocks plunged on Wednesday, with all three major indexes posting their biggest daily decline in months, after the Federal Reserve cut interest rates by a quarter of a percentage point but disappointed some investors with projections that signaled a…See the Story

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