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.
US Treasuries consolidated Wednesday’s losses, when Federal Reserve Chair Jerome Powell cast doubt on whether policymakers ...
Jay Powell declared the central bank was “driving in the fog” as the Federal Reserve cut interest rates in the middle of a ...
Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are ...
While Powell made it clear that the primary concern for some is a cooling job market, others inside the Fed are warning ...
After moving to lower rates on Wednesday, Chair Powell took care to say the next cut might not come as soon as the market ...
Fed Chair Jerome Powell acknowledged Wednesday that the soaring stock market is helping support consumer spending — and the ...
Powell in the post press conference hinted that the uncertainty and lack of complete data could affect the decision in ...
Federal Reserve Chair Jerome Powell surprised many market-watchers on Wednesday when he declared that another interest rate ...
Before Wednesday, economists and markets were betting on a December rate cut. After Fed Chair Jerome Powell’s comments, they aren’t so sure.
Mortgage rates jump after Fed Chair Powell says a December rate cut's uncertain. Will they drop again and what this could ...
The U.S. Federal Reserve cut its key interest-rate target by a quarter of a percentage point on Wednesday. But Fed Chair ...