Week Ahead: Updates from the RBA and SNB Eyed; US PCE Data Also on the Radar
At the centre of things last week was the US Federal Reserve (Fed) rate announcement. In an 11-1 vote, the Fed initiated its ...
The Federal Reserve's jumbo rate cut comes with a big risk
The Fed just lowered the target range of its federal funds rate by 50 basis points. The post The Federal Reserve's jumbo rate ...
The Fed’s historic rate cut and how it affects you
Mortgage rates, credit card fees and auto and personal loans are all on the table for potentially going lower after the Federal Reserve's super-sized interest rate cut.
Fed's Waller: Weak inflation data cemented case for 50 basis point cut
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...
American Banker1d
The economic cloud over the Fed's half-point rate cut
Federal Reserve Gov. Michelle Bowman cast the first dissenting vote at an FOMC meeting in years. On Friday, she explained why ...
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
OK, so there was an interest rate cut. What do I do now?
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to ...
WFXG1d
Stock markets fall after Fed-fuelled rally
US and European stock markets retreated on Friday following a rally and records triggered by a jumbo US interest rate cut ...
What the Fed rate cut means for mortgages, loans and credit cards
The Federal Reserve has made its first rate cut in 14 months, with more expected in 2024. Here are the smart money moves to ...
Yen falls as BOJ governor steers clear of rate hike talk
The yen pared its losses on Friday as the Bank of Japan (BOJ) sounded optimistic about growth and signalled it will be ...
Asian Markets Track Wall Street Record To Extend Global Rally
Asian markets rose Friday to build on the latest global rally after a jumbo US interest rate cut this week, while the yen ...
These Are the Top 11 Savings Accounts That Pay Over 5% and Have Easy Minimums
Despite the Fed cutting rates, you still have plenty of options to earn up to 5.50% on your cash savings—even if you can't ...