What does the interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
Biden says Fed made 'declaration of progress' with interest rate cut
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
Ex-Kansas City Fed Chief Sees Renewed Inflation Risk After Large Rate Cut
The Fed kicked off its easing cycle on Wednesday with its first rate cut since 2020, citing "greater confidence" that ...
The Fed's interest-rate cut put Trump even more at odds with the central bank
Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.
Federal Reserve cuts key interest rate by a half-point
It marks a crucial milestone for the central bank’s historic inflation fight, which kept rates at a bruising 23-year high for ...
Fed unveils oversized rate cut as it gains 'greater confidence' about inflation
The Federal Reserve on Wednesday almost certainly will lower interest rates for the first time in more than four years as the ...
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Investors zero in on inflation again, with biggest interest-rate cut in 16 years hanging in the balance
Inflation data is back at the forefront again ... “The $64,000 question is whether a 50-basis-point rate cut would mean we’ve ...
Wall Street soars to record highs in a global market rally after Fed’s interest rate cut
The S&P 500 jumped 1.7 percent for one of its best days of the year and topped its last all-time high set in July. The Dow ...
How The Federal Reserve Interest Rate Cut Impacts The Cannabis Sector
In a move many are calling "surprising," the Federal Reserve cut interest rates on Wednesday by a half percentage point, leading to a major impact on the cannabis sector.
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 ...
Fed Chair Powell says interest rate cut made to maintain strong U.S. economy
Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is ...