Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...
The unanimous view was that the US Fed rate cut was on expected lines – hence the subdued reaction on Thursday – and the ...
In his view, labor data was not weak enough to justify the bigger cut — but by doing so, the Fed is now stuck with bigger ...
Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...
After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done ...
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...
While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, ...
Wall Street eagerly embraces the 50 basis points rate cuts implemented by the Federal Reserve. The Dow Jones index achieves a ...
Traders on Thursday added to bets the U.S. Federal Reserve's next rate cut will be smaller than the one it delivered on ...
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank ...
The cut sets the federal funds rate target range at 4.75% to 5%. The effect could be especially good for variable and indexed ...
US bank stocks surged Thursday following a jumbo rate cut from the Federal Reserve, a sign of bullishness among investors who ...