The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.
The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve doesn't control the federal funds rate directly. Instead, it uses various ...
It's a stark contrast to several weeks ago when global equity markets suffered a savage pullback at the start of August as a scare about the health of the U.S. economy dovetailed with a sudden surge ...
The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on ...
Republican presidential candidate Donald Trump said on Thursday the U.S. Federal Reserve's decision to cut interest rates by ...
The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a closing ...
The latest batch of quarterly forecasts from the Federal Reserve showed policy makers have had a change of heart since June ...
The Fed announced the first interest rate cut since the onset of the Covid-19 pandemic in 2020. And it was a big one. Here's what it means for you.
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks ...
See Interest Rates Over the Last 100 Years. Find out how history affects today's rates and what it means for you.
The Federal Reserve announced a major 50 basis point rate cut Wednesday—its first rate reduction cut since the pandemic.
The market is celebrating the Fed's 50 basis point rate cut. Read why the potential benefits of the cut are already priced in ...