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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 ...
Election year rate cuts are not unheard of but are relatively unusual. The most recent occurred in 2020, when, with Trump as president the Powell Fed cut rates to near zero in response to the ...
With Biden's potential reelection on the horizon, economists are closely watching how a second term could impact interest rates across the economy. From the housing market to big initiatives like...
Americans and much of the rest of the world are eagerly awaiting to find out who will be the next president of the United States. After Tuesday's election, either former President Donald Trump or ...
Interest rates are set to fall for the first time in more than four years, and some investments could be in a great position to win. Prediction: When the Federal Reserve Starts Cutting Rates ...
On Sept. 18, the Federal Reserve made the decision to lower its benchmark interest rate by half a percentage point, marking its first cut in 2024, following a series of rate hikes in 2022 and 2023.
Nobody knows for sure where interest rates will head next. But here's what the policymakers and stock market are telling us. Here Are the Latest Interest Rate Predictions for 2024 -- And What They ...
Image source: Getty Images. The Federal Reserve announced its first rate cut in four years on Sept. 18. It opted for a more aggressive 50 basis point cut instead of just 25 basis points, but many ...