Fed officials held short-term interest rates at a more than two-decade high at that meeting, and a narrow majority penciled in three rate cuts for 2024. Powell said at the time that it would likely be appropriate to ease policy “at some point this year.” But he and other policymakers have made clear they’re in no rush given the underlying strength of the economy and recent signs of persistent price pressures.
Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest