Browsing: Federal Reserve
The Federal Reserve slashed its key lending rate by half a percentage point — the high end of expectations on…
Federal Reserve Chairman Jerome Powell blamed the migrant crisis for the nation’s growing unemployment after cutting the benchmark interest rate…
The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it…
The Federal Reserve’s jumbo interest rate cut Wednesday should lower the rates for home mortgages, auto loans and credit cards…
Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the…
Stocks shot higher on Wednesday after the Federal Reserve cut interest rates by 50 basis points, the high side of estimates for its first cut…
US retail sales unexpectedly rose last month — a surprisingly strong result that likely lowers the odds for a large…
Signs are multiplying that Americans are struggling to keep up with their bills — and Wall Street is getting worried.…
The Dow hit an intraday record high, but technology stocks weighed on the S&P 500 and the Nasdaq on Monday as investors…
Wall Street investors are betting the Federal Reserve will more likely opt for a jumbo interest rate cut over a…