Detroit organization concerned as confusion remains over federal funding
Last week, the Trump administration rescinded the memo about freezing federal funds, and some local organizations say their ...
Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
clickondetroit.com3d
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach
A full-employment economy with solid growth and falling inflation will let the U.S. Federal Reserve continue cutting interest ...
Auto industry bracing for further disruption in 2025, experts say
Start the day smarter. Get all the news you need in your inbox each morning. Affordability remains a key concern, ...
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As Trump pushes a future without pennies, this Michigan credit union is ahead of the pack
MLCU itself is the product of a merger. In 2012, Wyandotte-based Wy-South Federal Credit Union merged with ...
Detroit News7d
Chicago Fed CEO says tariff uncertainty could slow rate lowering
Detroit — Austan Goolsbee, CEO of the Federal Reserve Bank of Chicago, said Thursday if economic conditions persist as they have, he expects continued federal fund rate decreases over the next ...