The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...
Fed governor Michelle Bowman issued a statement Friday explaining her dissent in this week's jumbo rate cut, saying she ...
The U.S. Federal Reserve's watered-down version of a landmark bank capital proposal is facing resistance from the Federal ...
The Federal Reserve didn’t just cut interest rates at its September meeting. It cut BIG, opting for a 50-basis point move.
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