Federal officials to cut interest rates by half-percent. What it means for Kentuckians
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point reduction. The CME FedWatch forecast tracker favored a half-point cut by a 55-45 margin at midday. (Earlier Wednesday, forecasters rated the probability of a half-point reduction even higher.)
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President Biden says he has "never once spoken to the chairman of the fed since I became president," despite a May 2022 ...
Experts predict that lower interest rates will increase liquidity in the financial system and attract investors to crypto ...
The Fed’s aggressive 50 basis point rate cut, while unconventional, reflects a proactive approach to stave off any potential ...
Tolerating such behavior normalizes ethical (and sometimes legal) missteps, practically inviting similar behavior from public employees.
Usually, the Federal Open Market Committee makes decisions on adjusting its federal funds rate in unison. But not this time.
At least three of the Federal Deposit Insurance Corp.'s five directors oppose the Federal Reserve's revised proposal for the ...
Committee to Unleash Prosperity co-founder Steve Moore weighs in on the Federal Reserve's rate cut decision and the impact of the migrant influx on the labor market.
The world's largest asset manager BlackRock has warned "growing concerns" around the spiraling $35 trillion U.S. debt pile ...
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