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"What the Fed can do is create expectations for short-term growth with a rate cut, which is powerful," said Cliff Waldman, ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Bowman was the lone dissenter from the Federal Open Market Committee's decision to lower benchmark interest rates for the ...
The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...
The Fed just made its first interest rate cut of 2024. Read on to see why the central bank still has work to do.