Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...
Fed's Powell: policymakers noted 'artificially high' jobs data, revisions in rate cut decision
Fed Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the ...
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Biden expects Fed to continue cutting interest rates
Inflation is much closer to the Fed's 2% target, Biden said, calling the U.S. central bank's half-percentage-point cut in ...
Biden says Fed made ‘declaration of progress’ with interest rate cut
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
Cheaper rates don’t get house hunters buying. US sales at 10-month low
A lack of inventory had been a notable headwind, with many would-be sellers unwilling to put their homes on the market and ...
Fed decision opens the real estate floodgates after four years
"Everybody's happy" about the Federal Reserve's rate cut – at least in real estate – potentially opening the floodgates to ...
What the Fed’s Big Rate Cut Reveals About the Economy
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank ...
Yellen Says Fed Cut ‘Positive Sign,’ Policy Still Restrictive
Treasury Secretary Janet Yellen said that the Federal Reserve’s interest-rate cut Wednesday was “a very positive sign for ...
The Fed cut rates in hopes of a soft landing. What’s next?
The Federal Reserve is putting inflation in the rearview mirror as it crosses into unfamiliar and potentially treacherous ...