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The stand-off adds to the challenges facing Boeing's new chief executive Kelly Ortberg, ... As well as a 25% pay rise over four years, the preliminary agreement that workers rejected included a ...
The Fed’s current target rate is between 5.25% and 5.5%. That is the rate banks charge one another for overnight lending. The banks and other lenders then loan funds to consumers at higher rates ...
At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to ...