Because the Fed's half-percentage point rate cut was so well telegraphed, markets had already climbed in anticipation. So, ...
It seems that almost anything that affects one metric negatively may affect another positively. Therefore, it is difficult to ...
The Federal Reserve announced it is cutting its key interest rate by half a percent. This will impact mortgage rates, car ...
The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and ...
to make the economy stronger, create more jobs and importantly, lower costs," he told reporters. National Economic Council ...
As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without ...
Listen to Story This is the first time since 2020 that the Fed has reduced rates. The US Federal Reserve has cut its key ...
The Federal Reserve delivered a half percentage point interest rate cut on Wednesday – its first cut since March 2020.
President Biden is set to give remarks at the Economic Club of Washington, D.C., on Thursday, during which he will give a “declaration of progress” a day after the Federal Reserve slashed interest ...
Prominent Republicans have questioned the timing and size of the Fed rate cut ahead of the November presidential election.
The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S.
After today’s Fed Reserve rate cut, consumers should see a dip in debt payments with adjustable rates, like credit cards, ...