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.
The U.S. dollar edged slightly lower in choppy trading on Wednesday as markets grappled with the supersized 50 basis point ...
Plus: Lebanon is on edge after a wave of handheld device detonations. The FBI reveals details of a Trump campaign hack. It's ...
The Federal Reserve granted the market its wish and lowered its benchmark federal funds rate by 50 basis points.
The central bank’s decision brings the benchmark federal-funds rate to a range between 4.75% and 5% and follows an all-out ...