Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’ ...
Fed Cuts Interest Rates For First Time In 4 Years: Here’s What It Means For You
What Do Fed Rate Cuts Do? The Fed only officially controls the federal funds rate, which determines the interest charged in ...
USA Today27d
Rate cuts on horizon: Jerome Powell says 'time has come' to lower interest rates
He gave no clues on how much the Fed would lower its key rate, but most forecasters expect a quarter-point reduction. “The time has come for policy to adjust,” Powell said Friday at the Fed ...
Fed Chair Powell says interest rate cut made to maintain strong U.S. economy
Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is ...
Fed Meeting Today: Central Bank Cuts Interest Rates in Half-Point Move
Follow live coverage of the Federal Reserve's September policy meeting, including the interest-rate decision, summary of ...
The Fed cut rates today for the first time in 4 years. What does that mean for your money?
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances ...
Fed goes with half-point interest rate cut. What that means.
If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit ...
Fed Announces Big Rate Cut
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...
Paul Krugman on the Interest Rate Cut and What’s Next
The economist and New York Times Opinion columnist Paul Krugman makes the case for aggressive rate cuts by the Federal ...
Fed rate cut on collision course with 2024 election politics
The Federal Reserve is set to cut interest rates by at least a quarter of a percentage point Wednesday, putting the ...
New York Post26d
Federal Reserve Chair Jerome Powell says ‘the time has come’ to cut interest rates
Powell didn’t say ... cut in its benchmark rate when it meets in mid-September. Giddy investors bought stocks on the news, with the Dow surging more than 400 points, or about 1.1%. “The time ...
Time27d
Jerome Powell Says the ‘Time Has Come’ for the Fed Begin Reducing Interest Rates
Powell did not say when rate cuts would ... to announce a modest quarter-point cut in its benchmark rate when it meets in mid-September. “The time has come for policy to adjust," Powell said ...