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Fed cuts interest rates by half point, signals two additional cuts this year
Rates had previously been held at a 23-year high since July 2023. There was some division on the final decision, with Fed governor Michelle Bowman dissenting. She preferred to cut rates by 25 basis ...
The Fed just cut rates again — and the timing is undeniably awkward
America’s central bank cut interest rates for the second time this year, making borrowing less expensive for consumers.
Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
Robinhood attorney, Republican regulators being considered for Trump financial agency short list
Trump transition team officials are considering retail brokerage Robinhood's top lawyer, as well as bank regulators and ...
USD/CAD holds steady above 1.3850 as Fed cuts its rates, eyes on Canadian employment report
USD/CAD trades flat around 1.3860 in Friday’s early Asian session. The Fed decided to cut the interest rate by a quarter ...
Fed cuts by 25bp, as expected, shies away from fresh forward guidance
However, the decision to reduce the target range for the Fed funds rate by 25 basis points to 4.5-4.75% was unanimous, unlike ...
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The Fed just cut rates again — and the timing is undeniably awkward
That marked the first time in over two years a Fed official dissented from the majority decision. Bowman later explained she favored the smaller cut at September’s meeting because she was ...