What does the rate cut mean for mortgages and homebuyers?
The Federal Reserve delivered a jumbo-sized rate cut this week in a move widely viewed as a declaration of victory over ...
Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut
The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in ...
Is inflation cured? Fed’s giant rate cut turns focus to cooling job market
Wall Street traders and borrowers may rejoice at the news, not everyone is thrilled that the Fed zapped its tight money policy.
Inflation slowed in August, paving way for interest rate cut
Consumer prices rose 2.5% in August compared to a year ago, slowing more than expected and delivering welcome news for the ...
Dow, S&P 500 Hit Records After Rate Cut
The rally was a delayed yet emphatic response to the central bank’s decision Wednesday to cut interest rates by a half ...
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
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Warren advocates for a bigger Fed rate cut, even as Wall Street cheers
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
Bank of England holds Bank Rate steady at 5%, urging sustainable path to target inflation
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...