After nine months of staying on the sidelines, the Federal Reserve on Sept. 17 announced a quarter-percentage-point cut, likely the first in a series of reductions to usher in lower borrowing rates ...
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this ...
WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor ...
So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair Jerome Powell said officials made that decision to keep the US economy in its ...
What house hunters, job seekers, credit-card users, car shoppers and cash savers should know about the Fed's quarter-point rate cut. The first Fed cut of 2025 just arrived. Here's what it means for ...
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The Federal Reserve likely will stick to the business at hand when it wraps up its meeting Thursday with another interest rate cut. Market attention probably will turn to what Chair Jerome Powell has ...