What Do Fed Rate Cuts Do? The Fed only officially controls the federal funds rate, which determines the interest charged in ...
The U.S. central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as ...
After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and ...
American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal ...
Announcement marks first cut in four years. Powell says rate cut timing has nothing to do with US election 20:29 ...
Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is ...
Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...
The unusually large half-point rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the ...
Powell, however, said the policy decision announced by the Fed on Wednesday does not mean it is behind the curve; rather, he ...
Follow live coverage of the Federal Reserve's September policy meeting, including the interest-rate decision, summary of ...
Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.
Jerome Powell is set to take plenty of incoming political fire from both sides this week. That appears to be just fine with ...