'Keep the economy going well': What the rate cut means for the election
The Fed announced it will cut interest rates by half a point, its first cut since 2020, making mortgage payments and credit ...
Fed outsized rate cut draws muted reaction, but calm may not last
Investors who anticipated furious market swings following the U.S. Federal Reserve's bumper rate cut saw more of a muted ...
Key takeaways from the Fed’s decision to deliver a jumbo-sized interest rate cut
The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020.
Why are stocks down after a mega rate cut? Here’s what the experts think
This is a Fed that believes they are behind the curve,” Robert Minter, director of ETF Investment Strategy at abrdn, told ...
Jumbo Rate Cut Was To Defend ‘Basically Fine’ Economy, Powell Says
“The U.S. economy is in good shape,” Powell said. “It's growing at a solid pace. Inflation is coming down. The labor market ...
Fed interest rate cut expected and global trail behind Hezbollah pager explosions: Morning Rundown
Plus, Sean “Diddy” Combs’ legal team will be back in court this afternoon to argue, again, in favor of releasing the ...
Stocks Briefly Touch Record Highs After Fed Opts For Bigger Interest Rate Cut
Investors’ giddy reaction turned slightly negative to the hotly anticipated Federal Reserve decision to lower interest rates ...
Canada's 2% inflation rate in August raises hopes for large rate cut
Canada's annual inflation rate reached the central bank's 2% target in August, data showed on Tuesday, fuelling hopes for a ...