Tag: interest rates
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UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut
LONDON (AP) — Inflation in the U.K. has fallen to its lowest level for more than three years, official figures showed Wednesday, a drop...
BofA profit drops on weaker interest income
Bank of America (BAC) reported a drop in third-quarter profit on Tuesday, as its income from customer interest payments shrank.Shares of the bank dipped...
Labor-focused Fed to continue rate cuts, Morgan Stanley Wealth Management says
By Bansari Mayur Kamdar(Reuters) - The U.S. Federal Reserve will continue cutting interest rates in November, but policymakers are walking a thin line as...
Why Easterly Government Properties Stock Topped the Market Today
While Easterly Government Properties (NYSE: DEA) had no proprietary news to report as the trading week kicked off, it was bolstered by an analyst's...
Q3 earnings will be ‘fairly benign.’ Portfolio mgr. explains why
While earnings season swings into high gear, this portfolio manager finds this season to be "fairly benign" in comparison to current expectations for the...