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  • Feb 20, 2025

Fed’s Bostic Sees Two Cuts in 2025 Amid Uncertain Outlook

(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said he expects the US central bank will lower interest rates twice in 2025, though uncertainty around that projection has risen.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid Scru

  • Feb 20, 2025

Fed officials flag rising inflation risks, Trump policy uncertainty

Federal Reserve officials are taking note of what they see as rising inflation risks and the uncertain impact of President Donald Trump's trade, immigration and other policies. "Going forward, I consider it is appropriate to hold the federal funds rate in place for some time, given the balance of risks that we face right now," Federal Reserve Governor Adriana Kugler said on Thursday. Inflation still has "some way to go" before reaching the Fed's 2% target, she said, and while the labor market is healthy and the risk of it weakening has diminished, upside risks to inflation remain.

  • Feb 20, 2025

Compass acquires luxury brokerage in DC amid market drama

Washington Fine Properties' William Moody and Thomas Anderson, Compass' Robert Reffkin and Washington Fine Properties' Dana Landry and Marc Schappell (Washington Fine Properties, Compass, Getty)Compass is continuing a series of acquisitions with another homegrown firm, this time in the nation’s capital. The company announced a deal for Washington, D.C.-based brokerage Washington Fine Properties. The 150-agent luxury brand was the fourth-ranked […]This article originally appeared on The Real Deal

  • Feb 20, 2025

SEC Replaces Crypto Enforcement Team with Smaller ‘Cyber’ Unit

(Bloomberg) -- The US Securities and Exchange Commission is replacing its enforcement unit devoted to misconduct in the cryptocurrency markets, the latest sign of the regulator’s more friendly approach to digital assets.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million

  • Feb 20, 2025

Nigeria Hits Pause on Rate Hikes After Inflation Revamp

(Bloomberg) -- Nigeria’s central bank paused its steep campaign of monetary tightening, after an overhaul of the data used to calculate inflation showed it had significantly slowed.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsChicago Council Delays $830 Million Bond Vote Amid ScrutinyThe monetary pol

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