Fed unveils oversized rate cut as it gains 'greater confidence' about inflation
U.S. stocks gained following the release of the statement and updated quarterly economic projections before reversing course ...
Paul Krugman on the Interest Rate Cut and What’s Next
The economist and New York Times Opinion columnist Paul Krugman makes the case for aggressive rate cuts by the Federal ...
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US Fed rate decision today at 11:30 pm – 5 things to watch out
Markets are widely expecting a 25-basis-point cut in the key interest rate, marking the first reduction in four years.
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Biden expects Fed to continue cutting interest rates
The unemployment rate, now at 4.2%, is more than half a percentage point higher than it was when the Fed began an ...
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 ...
BOJ Faces Task of Flagging Rate Hike Path While Standing Pat
Bank of Japan Governor Kazuo Ueda faces the delicate task this week of making sure investors are firmly aware of interest ...
A lone dissenting vote on the Fed's rate cut marks the first split by a central bank governor in 2 decades
The Fed's decision to cut rates by 50 basis points garnered support from 11 of 12 voting members.Fed governor Michelle Bowman ...
How could the Fed meeting impact Bitcoin?
Historically speaking, Bitcoin has performed well following Fed rate cuts. In March 2020, Bitcoin rallied following the Fed’s ...