Federal Reserve cuts interest rates by half-point; first rate reduction in four years
The Federal Reserve on Wednesday announced a long-awaited interest rate cut, lowering the benchmark rate by 50 basis points from what was the highest level in 23 years as the central bank eased borrowing costs following progress in the fight against inflation.
So long as Americans are talented, U.S.-based growth will be abundant, and will take place without regard to what the Fed ...
Fed Chair Jerome Powell downplayed the central bank’s role in the race between Vice President Kamala Harris and former ...
Wall Street rallied on Thursday with the Dow and S&P 500 hitting another intraday record high — a day after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and ...
The Fed is expected to cut interest rates on Wednesday, inserting the central bank into the teeth of a contentious election ...
Credit-card interest rates are at around their highest levels in at least a decade. So the Federal Reserve’s expected rate ...
The Fed is widely expected to cut its benchmark interest rate on Wednesday, though it remains unclear how aggressive the ...
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