STORY US Fed begins easing cycle with half-point rate cut amid weakening job marketSHOOTING TIME June-September 2024DATELINE Sept 20 2024LENGT ...

By Hardika Singh The Federal Reserve's quarterly projections showed a narrow majority of officials penciled in cuts that would lower rates by at least a quarter-point each at meetings in November and ...

U.S. stock markets rallied sharply higher on Thursday after the Fed cut the benchmark lending rate by 50-basis point a day before. A strong labor market data also bolstered investors’ confidence on ...

Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...

On Wednesday, after what has felt like one of the longest and most painful hiking cycles, the Fed announced a change to their ...

Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...

The yen is under pressure as investors anticipate a cautious Bank of Japan (BOJ) policy meeting on further tightening.

Dean Baker, senior economist at the Center for Economic and Policy Research, a progressive economic policy think tank, stated that the Fed decision is a good sign for the housing market.

President Biden says he has "never once spoken to the chairman of the Fed since I became president," despite a May 2022 ...

I expect a lot of quality assets are still going to wait on the sidelines a bit longer and wait for rates to come down even ...

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...

A bumper week of central bank meetings that included the U.S. Federal Reserve on Wednesday and the Bank of England on ...