The Fed's 50 basis point cut seemed to cause markets both excitement and concern about the health of the US economy.
The U.S. central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as ...
Three prominent Democrats urged Federal Reserve Chair Jerome Powell Monday to cut interest rates by 75 basis points, warning ...
Powell, however, said the policy decision announced by the Fed on Wednesday does not mean it is behind the curve; rather, he ...
If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit ...
President Biden confessed Thursday that there’s “a hell of a lot more work to do” to tame inflation and boost the economy — ...
Fed meeting is highly anticipated. It is expected to bring about the first rate cut after a series of hikes and pauses.
Plus: Lebanon is on edge after a wave of handheld device detonations. The FBI reveals details of a Trump campaign hack. It's ...
Is a long-term or short-term CD better to open before the Fed meeting this week? Here's what you need to know.
STORY US Fed begins easing cycle with half-point rate cut amid weakening job marketSHOOTING TIME June-September 2024DATELINE Sept 20 2024LENGT ...
No matter how much the Fed cuts interest rates today, Americans won’t notice much difference in their monthly bills — at least not right away. The average credit-card bill offers a good example. Let’s ...
The New York Federal Reserve's Empire State business conditions index, a gauge of manufacturing activity in the state, jumped 16.2 points in September to 11.5, the first expansionary reading in almost ...