April 30-May 1 Fed meeting On May 1, 2024, the FOMC decided to hold steady on interest rates. The benchmark rate remains at 5.25-5.5 percent. Most personal loans have fixed rates, so current borrowers do not need to worry about their interest rates changing. Borrowers in the market for a personal loan should prepare for rising interest rates, but there...

(Reuters) - President Joe Biden followed through on Friday on his vow to veto a Republican-backed measure that would have repealed a U.S. labor board rule treating companies as the employers of many of their contract and franchise workers and requiring them to bargain with those workers' unions. The proposal to repeal the National Labor Relations Board rule passed Congress...

Banxico's survey of economists on May  2 has GDP falling to 2.26%, and inflation rising to 4.16%, meaning interest rate cuts likely on hold. 'De-Risking' from China seen as a long-term positive for Mexico. Mexico investors may be in for a volatile few weeks with the economy petering out even as inflation rises, casting serious doubts about interest rate cuts...

02:41 PM EDT, 05/03/2024 (MT Newswires) -- Federal Reserve Governor Michelle Bowman (voter) said that while it appears that policy is restrictive enough to bring down inflation, she will continue to monitor incoming data and make decisions meeting-by-meeting. Bowman said that upside risks to inflation remain, and she did not rule out raising the federal funds rate further if that...