Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
The Fed Just Cut Interest Rates. It May Signal a Big Move in the Stock Market.
The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve doesn't control the federal funds rate directly. Instead, it uses various ...
Indian rupee strengthens above 83.50/USD for first time in over two months
The Indian rupee rallied on Friday to climb above 83.50 per U.S. dollar for the first time since late July, boosted by dollar ...
Here’s where you can still score a 6% APY, and higher, on your savings – as the Fed cuts rates for the first time in 4 years
After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done ...
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Fed Cuts Rates by Half Percentage Point
The central bank’s decision brings the benchmark federal-funds rate to a range between 4.75% and 5% and follows an all-out ...
Fed cuts interest rates a half point in landmark policy shift
Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...
America’s Inflation Fight Is Ending, but It’s Leaving a Legacy
As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without ...
How to make the Fed rate cut work for you
Here’s how the Fed’s rate-cut move will affect your life, including your credit cards, car loans, home loans and more.
September Fed Meeting: Fed Cuts Rates For The First Time In Four Years
In a move that was widely anticipated and hoped for, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its ...
50 Bp Cut From The Fed As It Looks To Move Rates To Neutral Quickly And Avert Recession
The US Federal Reserve wants to get to neutral quickly as it increasingly prioritises potential jobs weakness at a time when ...
Jumbo-sized rate cut: Fed slashes rates by a half percentage point
In a significant shift for the US economy, the Federal Reserve is expected Wednesday to announce its first interest rate cut since Covid.