Fed officials leave door open to another large interest-rate cut
A handful of Federal Reserve officials on Monday left open the door to additional large interest-rate cuts, noting that ...
How The Fed’s Interest-Rate Cuts Could Impact The Labor Market
The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed ...
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Dow finishes week in record territory following Fed's interest rate cut
Spurred on by the Federal Reserve Board's half-point cut in interest rates, the stock market closed out a buoyant week on ...
Key takeaways from the Fed’s decision to deliver a jumbo-sized interest rate cut
The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020.
Fed Chair Powell says interest rate cut made to maintain strong U.S. economy
Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is ...
Biden administration gets boost from Fed rate cut
The Biden administration is touting its confidence in the economy after a Federal Reserve interest rate cut spurred a stock market rally. Markets popped last week after the Fed cut interest rates ...
Kamala Harris, Homeowners Brace for Interest Rate Decision
With the presidential election less than two months away, a drop in interest rates could be good news for the Democratic ...
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The Fed sees its inflation fight as a success. Will the public eventually agree?
Yet in the view of some economists, the shift toward steadily lower borrowing rates could eventually boost consumer sentiment ...
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US Fed cuts interest rate by 50 basis points, more to come
The Fed announced a cut of 50 basis points and lowered its key rate to roughly 4.8 per cent, Associated Press ( AP) reported.
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...
September Fed Meeting: Fed Cuts Rates For The First Time In Four Years
In a move that was widely anticipated and hoped for, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its ...