Boston Globe business columnist Larry Edelman answers the most important questions related to the Federal Reserve’s interest ...
The Fed’s decision to cut the benchmark interest rate by a half point on Wednesday could spur a new wave of home renovations ...
The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve doesn't control the federal funds rate directly. Instead, it uses various ...
Fed Chair Jerome Powell downplayed the central bank’s role in the race between Vice President Kamala Harris and former ...
The biggest gains, however, tend to come after the Fed begins cutting rates following a stock market panic. Following the first Fed rate cut in March 2020 due to the COVID pandemic, the S&P 500 was up ...
Futures for the Dow Jones Industrial Average slipped 18 points, effectively trading flat, and S&P 500 futures ticked down 0.1%. Both gauges had rallied to new highs on Thursday as investors mulled the ...
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...
The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on ...
Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...
Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability ...
The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Central banks in Brazil, Indonesia, Japan, Turkey, and England also adjusted their rates. Brazil raised ...
European markets have opened lower after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to interest rates fades ...