Federal Reserve Chair Jerome Powell poured cold water on hopes for a holiday rate cut, dialing back expectations as the labor market cools and inflation persists. Powell said a December cut is far ...
Data showed Japan’s economy contracted for the first time in six quarters due to a hit from US tariffs. However, it was a ...
Nvidia becomes the first company in history to hit a $5 trillion valuation. Plus, the Federal Reserve is expected to cut interest rates today. Follow along for live updates and reaction from the Dow, ...
The Federal Reserve cut interest rates again for the second straight meeting, a sign that officials are more focused on safeguarding the job market and shielding the economy from a recession than ...
The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ...
The Federal Reserve's 25-basis-point rate cut on Wednesday has set the benchmark interest rate at its lowest in three years, potentially lowering mortgage rates further. Economists anticipate another ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The second-to-last Federal Reserve meeting is set to begin today and, ...
The rate went from 4.1% to about 3.9%. The central bank had cranked its rate to roughly 5.3% in 2023 and 2024 to combat the biggest inflation spike in four decades Big picture view: The Fed stayed ...
One glimmer of optimism across the altcoin market was TRUMP, the memecoin backed by the U.S. president, which rose by 6.8% after reports emerged that Fight Fight Fight, the company managing the token, ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...