Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a ...
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
For the last three years, the Federal Reserve has been fighting to bring inflation down. Now it has boldly moved to protect ...
Before Wednesday’s cut, US rates had been at their highest since 2001 as the Fed sought to bring down inflation from the ...
The Fed cutting the benchmark rate is considered a step in the right direction for real estate and finance industries.
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
The Dow Jones Industrial Average (SPGI) jumped 522 points Thursday and closed at a new record high, as the Federal Reserve’s ...
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic ...
Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.
The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in ...
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.