Fed, rates
Fed rate cut forecasts show massive change from early summer optimism
With the warm evenings of summer starting to take hold, the baseball season in full swing and the eyes of the media on the first of two expected debates between President Joe Biden and former President Donald Trump,
Fed meeting today: Fed decides on aggressive 50 basis-point cut in interest rates.
Ahead of Wednesday's widely anticipated interest-rate cut from the Federal Reserve, one model is predicting that real U.S. GDP growth for the third quarter will come in at 3%, underscoring the rather unusual predicament facing the central bank.
U.S. Fed Cuts Interest Rate By 50 Basis Points
The Fed delivered a half-point rate cut, its first in 4 years, taking its overnight rate to 5%. TD Asset Management's Scott Colbourne discusses the implications for markets and the economy.
Fed lowers interest rates with surprising jumbo half-point cut
The Fed was behind the curve when raising interest rates to corral inflation and the lesson appears to have been learned. By making a larger half-point interest rate cut right from the get-go, the Fed is taking out some insurance against being behind the curve again. — Greg McBride, CFA , chief financial analyst for Bankrate
The Fed meets this week, could announce rate cuts. What you need to know
A key committee of the Federal Reserve will meet starting Tuesday to discuss the economy and a potential cut to the central bank’s benchmark rate.
Federal Reserve Slashes Rates By 50 Basis Points, Forecasts Continued Rate Cuts
The Federal Reserve on Wednesday announced its widely expected decision to lower interest rates for the first time in over four
Fed meeting today: Wall Street on edge over historic interest-rate decision
The U.S. economy is on track to expand at a 2% pace in 2024 and repeat that level of growth for the next three years, the Fed predicted. The Fed slightly lowered its estimate for gross domestic product this year to 2.
Recession Not Yet: Retail Sales Help Push Up Atlanta Fed GDPNow To +3.0% For Q3 GDP
Retail sales rose 0.1% in August from July, seasonally adjusted, on top of the upwardly revised 1.1% jump in July, and the ...
Fed Prepares For First Rate Cut, But Is It Too Late? Ed Yardeni Calms Recession Fears Amid Recent Strong Data
The spate of soft data that came out in August set investors worrying about a potential recession but a strategist suggests ...
Bloomberg L.P.2d
Fed’s Big Opening Move Is Rocket Fuel for Stocks
(They went for the bigger cut). And yet, the Atlanta Fed’s GDPNow economic tracker shows GDP growing at almost 3% ...
Why it may not be fair to say Fed made inflation 'mistake'
While high inflation is a headache for consumers, at least some of it was the result of newly employed people finally being ...
Is The Fed Playing With Fire? 'We See Greater Risk Of An Overheating Economy' As They Cut Rates, Veteran Investor Warns
Veteran investor Ed Yardeni warns that the Fed might be "playing with an economy on fire" as third-quarter GDP growth is expected to be 3%.
Dollar wobbles ahead of Fed decision
The dollar wavered on Wednesday, while the yen regained some lost ground as investors made last-minute tweaks to positions ...
Forex Factory2d
Recession Not Yet: US Retail Sales Help Push Up Atlanta Fed GDPNow to +3.0% for Q3 GDP
Retail sales rose 0.1% in August from July, seasonally adjusted, on top of the upwardly revised 1.1% jump in July, and the ...
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The blue-chip Dow was on pace to ink a milestone, a day after the Federal Reserve cut interest rates in a big way. The Dow Jones Industrial Average was up 1.3%, at last check, trading near 42,030.