The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...
Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.
Benchmark lending rates in the wake of the Federal Reserve's big rate cut last week, its first in four years, have been ...
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
Oil prices rose slightly on Monday after last week's cut to U.S. interest rates and a dip in U.S. crude supply in the ...
China’s central bank lowered a short-term policy rate and pumped more liquidity into the financial system, as it continues ...
JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main ...
"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically ...