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US Fed begins rate cut cycle
Biden: Fed rate cut is "declaration of progress" on crushing inflation
President Biden said on Thursday that the Federal Reserve's interest rate cut signals the nation had entered a "new phase" during a speech that touted his economic record. Why it matters: Biden, who rarely speaks publicly about Fed policy decisions,
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Fed unveils oversized rate cut as it gains 'greater confidence' about inflation
The Federal Reserve on Wednesday almost certainly will lower interest rates for the first time in more than four years as the U.S. central bank starts to reverse the restrictive conditions it imposed to beat back inflation,
5h
on MSN
Dow, S&P 500 Hit Records After Rate Cut
The rally was a delayed yet emphatic response to the central bank’s decision Wednesday to cut interest rates by a half ...
Business Insider on MSN
12h
The Fed's rate decision shows its focus has shifted from inflation to the labor market
Inflation
is no longer the central focus on the Federal Reserve, they said. The Federal Reserve has finally delivered its ...
9h
on MSN
What does the Fed interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
5h
on MSN
Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world
Wall Street romped to records as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to ...
Morningstar
2d
Fed Rate Cut Shows the Main Battle Against Inflation Has Been Won
As
rate
cut
expectations have steepened ... In the past few months, we’ve seen mild
inflation
data continue to roll in.
1h
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
2d
C$ dips as inflation data fuels BoC upsized rate cut talk
The Canadian dollar edged lower against its U.S. counterpart on Tuesday as domestic inflation data suggested to some ...
1d
on MSN
Odds of UK interest rate cut this week fall after inflation sticks at 2.2%; rents keep soaring – business live
UK inflation rate remained unchanged last month, as air fares rose and petrol prices dropped, but underlying inflation has ...
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