The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the central bank’s role in the race between Vice President Kamala Harris and former President Donald Trump on Wednesday,
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a ...
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...
The Fed's aggressive rate cuts reflect a balancing act to avoid panic and achieve a soft landing. Read more to see my ...
Credit cards, mortgages and savings will be affected when the Federal Reserve makes its expected rate cut. The question this ...
How stocks, bonds and the dollar perform after the Federal Reserve kicks off its rate-cutting cycle could depend on one ...
Layoff announcements climbed 193% over the last month, according to a report from the consultancy Challenger, Gray, & ...
The U.S. economy is on track to expand at a 2% pace in 2024 and repeat that level of growth for the next three years, the Fed predicted. The Fed slightly lowered its estimate for gross domestic ...
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