For many Americans, elevated home prices have put homeownership out of reach.They received some relief on Wednesday when the ...
The Federal Reserve delivered its first interest rate cut in more than four years yesterday. It was a declaration of victory ...
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
The number of Americans applying for unemployment benefits fell to their lowest level in four months last week.
On Wednesday, Fed Chair Jerome Powell announced that the central bank would begin cutting Fed interest rates, starting with a ...
Wall Street is rising toward records as a delayed jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 was 1.5% higher in midday ...
After closing lower yesterday, the stock market suddenly loves the Federal Reserve’s half-point rate cut. It may say more about trading under Fed Chair Jerome Powell than anything about monetary ...
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
Jerome Powell’s Federal Reserve just ended the inflation fight. But it is far too soon. This marks the fourth major mistake.
The Federal Reserve central bankers say the economy is solid, but inflation isn't quite dead. Their actions tell a very ...
Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.