Search results
Results from the WOW.Com Content Network
Here's what to know about Thursday's Fed meeting. What time is the Fed rate decision? The Fed announced its decision at 2 p.m. ET on Nov. 7. That was followed by a press conference with Fed Chair ...
She’s covered the Federal Reserve and U.S. economy since 2018, when she joined the economics news team at Bloomberg News. Read more Connect with Sarah Foster on Twitter
The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range of 4.25% to 4.5%, down from its ...
The S&P 500 topped a record high on Wednesday on the news of Trump’s reelection and hit another record high on Thursday before the Fed announced its interest rate decision.
The Federal Reserve cut interest rates by a quarter point Thursday on the heels of the US presidential election earlier this week. Chair Jerome Powell also affirmed his commitment to serve out his ...
The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing costs in September.. The central bank’s latest move leaves its ...
After increasing the target interest rate 11 times from March 2022 to July 2023 in an effort to combat the highest inflation in four decades coming out of the pandemic, the Federal Reserve ...
The move means officials have now slashed the Fed’s key benchmark interest rate — the federal funds rate — a full percentage point, bringing the new target rate down to 4.25-4.5 percent.