September Fed Meeting: Fed Cuts Rates For The First Time In Four Years
In a move that was widely anticipated, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its fed funds ...
Fed Meeting September 2024: Interest Rates Cut By 50 Basis Points
The Fed's 50 basis point cut seemed to cause markets both excitement and concern about the health of the US economy.
US Fed Meeting Live Updates: Wall Street slips ahead of Powell-led FOMC verdict, Dow Jones sheds 100 points
Jerome Powell-led rate-setting panel is widely expected to reduce the policy rate for the first time in four years after ...
US Fed Meeting Live Updates: Powell-led FOMC slashes benchmark rate by 50 bps to 4.75-5% for first time in four years
Jerome Powell-led rate-setting panel reduced the policy rate by 50 bps for the first time in four years after leaving the ...
When Is the Next Fed Meeting? And Where Do Interest Rates Go From Here?
The Federal Reserve kicked off its easing campaign with a bang Wednesday, cutting rates by 0.5 percentage point, or 50 basis points, to a range of 4.75% to 5%. Quarterly projections showed a narrow ma ...
Mortgage rates inch closer to 6% following Fed rate cut
The average rate on a 30-year loan fell to 6.09% this week, according to Freddie Mac. Mortgage rates have been falling over ...
Stock market today: Indexes close at record highs and tech soars after Fed rate cut
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Asian shares bathed in Fed afterglow, yen jittery ahead of BOJ
Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest rate cut in the United States, ...
Biden admits economic recovery still needs ‘work,’ forgets meeting Fed chair in error-laden speech
President Biden confessed Thursday that there's "a hell of a lot more work to do" to tame inflation and boost the economy -- as he delivered an error-ridden speech including a false claim that he hadn ...
Fed sees higher 'terminal' rate, reached sooner
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...
Mortgage Rates Go Up After the Fed Cut. What Gives?
At the same time, mortgage rates measured weekly by Freddie Mac descended to 6.09% this week, the 30-year fixed rate’s lowest ...