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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 ...
CNN7d
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 ...
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 ...
think7d
The Fed cuts by 25bp, and hints at more gradual cuts in the future
The US Fed has cut its policy rate by 25bp. They acknowledge that policy remains restrictive and that further cuts are likely ...
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 ...
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 ...