Post-Fed, economists think chair Jerome Powell has opened the door wider for Bank of Canada governor Tiff Macklem to make bigger cuts.
The U.S. stock market was already priced two-thirds of the way for a 50 basis point cut. So they basically delivered on what they market was already discounting. It was probably the appropriate move ...
Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which is likely to spur home ...
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...
Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.
Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a ...
President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that ...
The Federal Reserve's recent interest rate cut has led to varied responses from political figures and economists as the ...
Federal Reserve Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to ...
It's something many Americanshave been highly anticipating: theFederal Reserve cut interest rates for the first time in 4 ...