Biden says Fed made ‘declaration of progress’ with interest rate cut
President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that ...
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US Fed Reduces Key Rate By 0.50%, Impacting Global Economic Outlook
New Delhi, Sep 19 (KNN) The US Federal Reserve announced a reduction in its key lending rate by 0.50 percentage points, on Wednesday, marking its first rate cut since the pandemic began. This decision ...
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Yen Under Pressure as BOJ Faces Cautious Policy Meeting
The yen is under pressure as investors anticipate a cautious Bank of Japan (BOJ) policy meeting on further tightening.
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Fed obliged to consider spillovers when adjusting monetary policy
As recent data show that inflation in the US has fallen below 3 percent, close to the 2 percent target the Fed had set, ...
This is what the Fed's interest-rate cut means for distressed companies
The Federal Reserve's aggressive interest-rate cut this week could provide some breathing space to distressed companies, according to Howard Ehrenberg, a partner at law firm Greenspoon Marder's ...
Weekly Applications for Unemployment Benefits Hit 4-Month Low
The number of Americans collecting benefits fell to 1.83 million for the week of Sept. 7, the lowest since early June.
Biden says Fed rate cut is important but ‘doesn’t mean our work is done’
The Fed cut interest rates by half a percentage point, the first time it had trimmed rates in more than four years.
Japan's core inflation accelerates for 4th month in August
Japan's core consumer inflation accelerated for the fourth straight month in August and tracked comfortably above the central ...
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 ...
What does the Federal Reserve rate cut mean for you and your money?
WASHINGTON (WNDU) - As you may have heard, the feds lowered interest rates this week by a half percent. It’s the first cut ...
Federal Reserve cuts interest rates, what does this mean for future economy?
The Federal Reserve has cut interest rates by 50 basis points, but what does this mean for the economy and how does this affect spending power? Managing director Jason ...
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Wall Street soars to records after rate cut
Wall Street romped to records as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to ...