Boston Globe business columnist Larry Edelman answers the most important questions related to the Federal Reserve’s interest ...
During Wednesday’s meeting, the Federal Reserve’s monetary policy committee slashed the federal funds rate by a half-percentage point, or 0.50%. Since March 2022, the Fed increased interest rates 11 ...
NEW YORK (Reuters) -The U.S. dollar slipped in choppy trading on Wednesday as markets grappled with the supersized 50 basis ...
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks ...
In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.