Dollar, Fed
Fed unveils oversized rate cut as it gains 'greater confidence' about inflation
U.S. stocks gained following the release of the statement and updated quarterly economic projections before reversing course to close lower on the day. The U.S. dollar (.DXY) was slightly stronger against a basket of currencies, while yields on U.S. Treasuries rose.
US Fed rate cut is 'very positive sign' for economy: Yellen
The US central bank's decision to slash interest rates this week is a "very positive sign" for where the world's biggest economy stands, US Treasury Secretary Janet Yellen said Thursday.In a separate speech on Thursday,
Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut
Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which is likely to spur home improvement spending.
The Fed rate cut affects the US dollar. Should international travelers worry?
The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years. As a result, the value of the dollar abroad fell slightly. Nevertheless, there's no need to rush to the nearest foreign currency exchange bureau if you have a trip abroad planned in the near future.
How The Fed’s Interest-Rate Cuts Could Impact The Labor Market
The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed focus on supporting the job market.
Dollar’s Resilience in Face of Fed Cuts Is Disappointing Traders
Traders betting big on a weaker dollar are facing disappointment — at least for now — as the greenback remains resilient following the Federal Reserve’s half-point interest-rate cut.
Dollar slips in choppy trading as traders grapple with Fed's giant rate cut
Investor expectations had largely shifted towards a dovish outcome in the days leading up to the Fed's move on Wednesday, with money markets pricing in around a 65% chance of a 50 basis point (bp) cut.
US Fed dissenter calls for 'measured' pace of rate cuts
The sole holdout in the US Federal Reserve's 11-to-1 vote cementing a larger interest rate cut said Friday that the move "could be interpreted as a premature declaration of victory."
Fed Rate Cut Seen as Politically Driven, Likely to Escalate Inflation
Arthur Hayes, co-founder of BitMEX, has voiced concerns that the recent U.S. Federal Reserve rate cut could have been politically motivated to influence upcoming elections, potentially leading to increased market volatility and inflation.
Sorry, the Fed Can’t Save Us From a Bear Market
If stocks already were due for a tumble and the economy for a recession, the Fed’s rate cut probably didn’t avert it.
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...
Jamie Dimon is skeptical about a soft landing and says Fed rate cut won’t affect the election
I am a little more skeptical than other people. I give it lower odds.” ...
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 ...
Rate cuts might make it cheaper to buy a house, but they won't fix the US housing market's biggest problem
Lower interest rates might seem like a boon for buyers, but builders are facing a host of problems preventing them from ...
Market calm yields to stocks surge as investors cheer Fed rate cut
NEW YORK, Sept 19 (Reuters) - An initial muted market reaction following the Federal Reserve’s first rate cut in four years ...
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.