Wall Street Shatters Records, Fueled by Fed's 'Jumbo Cut'
Fueled by the Federal Reserve's aggressive cut in the benchmark rate on Wednesday, Wall Street set all-time highs Thursday.
US Treasury Sec. Yellen: The Fed rate cut is very positive sign for the economy
US Treasury Secretary Janet Yellen said on Friday that the US Federal Reserve (Fed) rate cut is very positive sign for the US ...
Taiwan central bank leaves key interest rates unchanged
Taiwan’s central bank held rates steady with a watchful eye on inflation, declining to join the Federal Reserve and a growing ...
Fed's Powell: policymakers noted 'artificially high' jobs data, revisions in rate cut decision
Federal Reserve Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when ...
Bank of Japan set to keep rates on hold after July’s hike shocked markets
The Bank of Japan (BoJ) is expected to keep its short-term interest rate target between 0.15% and 0.25% on Friday, following ...
Stock Rally Spreads to Asia, Yen Flat Before BOJ: Markets Wrap
Asia was set to extend a rally that pushed global stocks to fresh highs as jobs data supported the view the Federal Reserve ...
Biden says Fed made ‘declaration of progress’ with interest rate cut
President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased.
What does the Federal Reserve rate cut mean for you and your money?
WASHINGTON (WNDU) - As you may have heard, the feds lowered interest rates this week by a half percent. It’s the first cut ...
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The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
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.
The Fed's 50 basis point rate cut won't do anything to stop a recession, economist David Rosenberg says
"The best thing I ever did was to follow my instincts and judgement and not waver or throw the towel in," David Rosenberg ...
Should MPs set an example on pensions? Metro readers weigh in
In hitting back at a Metro reader’s suggestion that state pensions should be limited to those who need it, your ...
Federal interest rate cut down half point, local experts weigh in on spending
On Wednesday, the Federal Reserve announced they would be reducing the federal interest rate by 0.5 points, which has not ...