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.
If stocks already were due for a tumble and the economy for a recession, the Fed’s rate cut probably didn’t avert it.
Lower interest rates might seem like a boon for buyers, but builders are facing a host of problems preventing them from ...
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
U.S. stocks gained following the release of the statement and updated quarterly economic projections before reversing course ...
US state budget planners are expecting slower growth in the wake of the Fed’s 50-basis-point interest rate cut, according to ...
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