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 ...
There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other ...
Powell, however, said the policy decision announced by the Fed on Wednesday does not mean it is behind the curve; rather, he ...
WASHINGTON (Reuters) - U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's ...
If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit ...
The Federal Reserve surprised investors earlier this week by enacting an aggressive 50 basis point cut in benchmark interest ...
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.
JPMorgan Chase (JPM) chief Jamie Dimon thinks the Federal Reserve’s first interest rate cut in over four years was “a minor ...