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Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates

by Elite Financial Group | Nov 14, 2024 | Financial Services

“The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully,” Powell said.Read More…

Even U.S. presidents make mistakes with their money, author says. Here’s how some struggled

by Elite Financial Group | Nov 14, 2024 | Personal Finance

In “All The Presidents’ Money,” author Megan Gorman takes readers into a side of U.S. presidents that is often overlooked: how they were with money.Read More…

Here’s the deflation breakdown for October 2024 — in one chart

by Elite Financial Group | Nov 14, 2024 | Personal Finance

There are still some pockets of deflation in the U.S. economy, though the dynamic has become more muted as supply chains normalize, economists said.Read More…

Gary Gensler reviews his accomplishments, says he was ‘proud to serve’ as SEC chair

by Elite Financial Group | Nov 14, 2024 | Financial Services

In what sounded awfully close to a farewell speech, Gensler made only passing reference to his most controversial disclosure rule, on climate change.Read More…