The Federal Open Market Committee (FOMC) wrapped up its regularly scheduled two-day policy meeting by cutting the short-term ...
The half-point reduction is expected to kick off a series of reductions extending into 2025, providing relief for prospective ...
The Fed is set to issue its first rate cut since 2020 this week. Here's how far mortgage interest rates could then drop.
When the Federal Reserve meets Wednesday, officials are expected to mark the end of an era as they cut interest rates for the ...
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 S&P 500 and Nasdaq got a boost from tech. The stock market zigged and zagged after CPI inflation data and ahead of next ...
a recent senior adviser to Fed Chairman Jerome Powell, to Wall Street Journal (WSJ) in which he comments indicated that the central bank should start the policy-easing cycle with 50 bps now rather ...
The Biden administration has been saying for months that the post-Covid surge in inflation is over. On Wednesday, the Federal ...
As of right now, the futures markets tell us that traders have priced in a 60% probability of a 50 bp cut. The Fed’s decision will be closely watched, especially when Fed Chair Jerome Powell ...