The rate cut — a quarter of a point — brings the Fed’s key rate down to about 3.9 percent, from about 4.1 percent.
"When Powell speaks in a press conference, the market habitually reacts negatively for a day or two," said Stephen Kates, a ...
The U.S. Federal Reserve has moved back into line with other major rate setters after it cut rates by a quarter point on ...
Bitcoin fell by around 2% after the Fed cut interest rates by 25bp, but signalled that a December cut is far from assured.
The Fed’s cut has grabbed headlines, but mortgage rates can do their own thing. Learn what’s driving them—and what it means ...
The Japanese yen tumbled against the U.S. dollar on Thursday after the Bank of Japan adopted a less hawkish tone than traders ...
Before Wednesday, economists and markets were betting on a December rate cut. After Fed Chair Jerome Powell’s comments, they ...
Mortgage rates surged higher after the Federal Reserve cut its benchmark interest rate. The market reacted to comments from ...
U.S. President Donald Trump claimed a breakthrough with Chinese counterpart Xi Jinping on rare earths and tariffs. Trump ...
The Federal Reserve’s string of interest rate cuts could come to an end at its last meeting of the year in December after it ...
Last month, the Fed cut its benchmark interest rate a quarter of a percentage point, opting for its first interest rate cut ...
The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in ...
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