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 ...
Jumbo Fed rate cut sparks global market rally
Resurgent risk appetite swept global financial markets higher from stocks and metals to gold and oil on Thursday, after the U ...
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 ...
Market Prepares For Likely Fed Rate Cut
Anticipation for a Federal Reserve (Fed) rate cut has hit fever pitch, helping to fuel a big rally for stocks, especially ...
What does a Fed rate cut mean for American households?
A lower policy rate should translate to cheaper borrowing costs for most kinds of loans while, on average, paychecks are now ...
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 ...
The Fed gives the US its first jumbo interest-rate cut in 4 years
The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in four years after aggressive ...
SMRI: Don't Jump The Gun Based On The Fed's Interest Rate Decision Today
SMRI is heavily weighted towards healthcare and consumer cyclical sectors. Read why I wouldn't recommend putting any new ...
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 ...
Here’s where you can still score a 6% APY, and higher, on your savings – as the Fed cuts rates for the first time in 4 years
After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done ...