Fed's rate cut offers limited relief for US factories facing China competition
"What the Fed can do is create expectations for short-term growth with a rate cut, which is powerful," said Cliff Waldman, ...
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Fed Governor Bowman explains dissent on rate vote, says she's worried about inflation
Bowman was the lone dissenter from the Federal Open Market Committee's decision to lower benchmark interest rates for the ...
Following Fed Rate Cut, Attention Turns to Fresh Data as Polls Shows Economy Boosting Kamala Harris
The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...
Gold drifts near record highs as Fed rate cut maintains bullish mood
Gold rose on Monday and lingered near record-high levels, as bullish market sentiment after the U.S. Federal Reserve cut ...
Prediction: The Fed Isn't Done Slashing Interest Rates
The Fed just made its first interest rate cut of 2024. Read on to see why the central bank still has work to do.