The Fed's rate cut should make it easier to get a job - eventually. Here are the industries that could ramp up hiring first.
Industries like construction, real estate and manufacturing tend to be the most sensitive to shifts in interest rates - and they could pick up hiring more quickly as a result, said Tyler Schipper, an ...
philstar.com3h
Fed cuts – good for Phl peso, stocks
The Federal Reserve’s 50-bp cut and chair Jerome Powell’s optimistic economic outlook reignited market confidence that the ...
Fed's preferred inflation gauge and second quarter GDP: What to know this week
Stocks, however, still posted overall wins for the week. The S&P 500 ( ^GSPC) ended the week up about 1.4%. The Dow Jones ...
Will U.S. return to easy money era?
The Federal Reserve delivered a gift to investors with a jumbo rate cut and the promise of more to come. But will rates return to the record lows we saw during the pandemic?
After The Fed Rate Cut: Soft Landing Checklist
The reaction to the rate cut has been positive across the soft landing checklist. Odds of avoiding recession are higher ...
Trump decries Fed rate cut as ‘political move’ that won’t work
Trump has repeatedly criticized the central bank and suggested presidents should have more of an influence over the Fed’s ...
Which path will the Fed take to ease monetary policy?
There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other ...
American Banker2d
Inside the impasse erupting on the FDIC board over Basel
Consumer Financial Protection Bureau Director Rohit Chopra joins the Federal Deposit Insurance Corp.'s two Republican board ...
Morning Report — Government funding up in the air
Lawmakers in the House are launching plan B to avert a government shutdown at the end of the month. Speaker Mike Johnson ...
Mortgage rates continue falling after Federal Reserve cuts interest rates
The Federal Reserve's recent interest rate cut has led to a decrease in mortgage rates, potentially easing the housing ...
Biden falsely claims he's never spoken to Federal Reserve Chairman Jerome Powell as president
President Biden says he has "never once spoken to the chairman of the Fed since I became president," despite a May 2022 ...
Fed slashes rates by a half-point – what that means for the economy and the presidential election
(THE CONVERSATION) In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest rate by half a percentage point to a range of 4.75% to 5% – ...