The return to two per cent inflation and forecasts for more interest rate cuts are being hailed as good news, but economists warn there's more to the picture.
The impact of the cut will take time to ripple through the economy. It is expected to lower mortgage rates and loans and ...
The S&P 500 slipped 0.2% from its record, and the Nasdaq composite fell 0.4%. The Dow Jones Industrial Average, meanwhile, ...
The Fed’s aggressive 50 basis point rate cut, while unconventional, reflects a proactive approach to stave off any potential ...
Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 ...
A roaring rally in U.S. stocks will face a gauntlet of economic data, looming political uncertainty and a corporate earnings ...
Now that the Fed’s first rate cut in four years is a fait accompli, there are still opportunities to open CDs with ...
NEW YORK — A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs ...
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
Trump has repeatedly criticized the central bank and suggested presidents should have more of an influence over the Fed’s ...
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...