Fed slashes rates 50 bp in first easing since pandemic
The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a ...
Weekly mortgage demand surges 14% as interest rates hit two-year low
The Federal Reserve is expected to make its first interest rate cut in four years on Wednesday, and while mortgage rates ...
Fed 'dot plot' suggests central bank will slash interest rates two more times in 2024 after mega 50 basis-point cut
The Federal Reserve signaled Wednesday it would lower interest rates two more times this year after it slashed its benchmark ...
Gold edges higher as markets gear up for Fed's rate verdict
Gold prices edged higher on Wednesday as investors are widely expecting the U.S. Federal Reserve to deliver its first ...
How the Fed’s rate decision could unravel a big bond-market recession bet
The stakes for investors have been running high ahead of a historic rate cut expected from the Federal Reserve on Wednesday. ...