The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed ...
The Federal Reserve is widely expected to announce Wednesday that it is cutting interest rates, the first such move in more ...
Biden said the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he ...
The Fed announced a cut of 50 basis points and lowered its key rate to roughly 4.8 per cent, Associated Press ( AP) reported.
Because the Fed is in a lose-lose scenario whatever it does: No matter how big or small the cut, it will produce more ...
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
The Fed's giant-sized rate cut may have at least delayed the downside that usually accompanies this seasonal period in the ...
With the presidential election less than two months away, a drop in interest rates could be good news for the Democratic ...
Three prominent Democrats urged Federal Reserve Chair Jerome Powell Monday to cut interest rates by 75 basis points, warning ...
President Joe Biden, in a speech emphasizing the progress made on the economy during his administration, said that he's never ...
The average credit card interest rate is almost certain to go down next year. But will it give consumers any relief? Find out ...
Spurred on by the Federal Reserve Board's half-point cut in interest rates, the stock market closed out a buoyant week on ...