Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
Gold futures climbed to a fresh record high Thursday a day after the Federal Reserve launched its monetary easing cycle with ...
The latest batch of quarterly forecasts from the Federal Reserve showed policy makers have had a change of heart since June ...
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...
3hon MSN
Fed Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the ...
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