Fed cuts interest rates by a half point—the first time since 2020
The Fed had held its policy rate in the 5.25%-5.50% range since July of 2023 as inflation fell from a 40-year high to a level that is now approaching the central bank’s target. Apply to the Most Innovative Companies Awards and be recognized as an organization driving the world forward through innovation. Final deadline: Friday, October 4.
Former Treasury Secretary Lawrence Summers said inflation will probably prevent the Federal Reserve from lowering interest ...
The Federal Reserve just cut interest rates by 50 basis points, citing cooling inflation and signs of economic slowdown. This ...
A balanced market where neither the buyer or seller have the upper hand happens when there is 5.5 to six months supply of ...
The Bank of Japan kept interest rates steady on Friday and revised up its assessment on consumption, signaling its confidence ...
As the Federal Reserve starts to cut rates, what's happening to interest rates on certificates of deposit (CDs)? After steady ...
The Federal Reserve cut interest rates on Wednesday for the first time since March 2020, lowering the Fed funds rate by 50 ...
A half-point interest-rate cut by the Fed on Wednesday wouldn’t necessarily signal the U.S. is heading into recession, ...
Gold prices are near all-time highs amid expectations of a US Fed rate cut, which could weaken the dollar and boost gold ...
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