Stocks Briefly Hit Record Highs After Fed Opts For Big Interest Rate Cut—But Close Negative
Investors’ giddy reaction turned slightly negative to the hotly anticipated Federal Reserve decision to lower interest rates ...
What the Fed’s Big Rate Cut Reveals About the Economy
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank ...
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 ...
Fed's Powell: policymakers noted 'artificially high' jobs data, revisions in rate cut decision
Federal Reserve Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when ...
How Will Interest Rate Cut Impact Election? Here’s What To Know As Fed Makes First Cut Since 2020
The final rate-setting meeting before the November election brought the first cut since March 2020, a move likely to prove ...
Pound Sterling Price News and Forecast: GBP/USD appreciates ahead of the UK CPI data release
GBP/USD inches higher to near 1.3160 during the Asian hours on Wednesday. Traders await the release of August Consumer Price ...
Fed might have cut rates at July meeting, Powell says
The U.S. central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as ...
Federal Reserve Cut Its Influential Interest Rate Today (Live)
The Federal Reserve is expected to cut its influential fed funds rate in its September meeting. But economists and market ...
Federal Reserve kicks off highly anticipated meeting with interest rate cuts on the docket
Interest rate cuts are top of mind for markets as the Federal Reserve's two-day September policy meeting begins Tuesday after ...
Jumbo-sized rate cut: Fed slashes rates by a half percentage point
The Federal Reserve was widely expected to announce at least a quarter-point cut on Wednesday, signaling lower borrowing ...
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The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Consumer Price Index, a measure of inflation, rose 2.5% over the past year, according to the latest release from the Bureau of Labor ... Both campaigns quickly reacted to the news from the Fed.
The Fed seems ready to cut interest rates. What does it mean for consumers and their debt?
The Fed is expected to cut interest rates this week, a decision likely to be the start of a gradual decline in how much ...