The Fed Is Entering a ‘New Phase’ of Interest-Rate Policy
The Federal Reserve is no longer just recalibrating, but entering a new phase on monetary policy. Fed Chair Jerome Powell ...
When Is the Fed Interest-Rate Decision and What to Watch for Today
The central bank is widely expected to make its third interest-rate cut of 2024 Wednesday, at its last meeting of the year.
Dow falls 1,100 points on disappointing Fed interest rate news
The Dow Jones Industrial Average shed 2.6%, or 1,123 points, closing at 42,327. The S&P 500 lost nearly 3%, closing at 5,872.
Construction Dive1d
Fed trims main interest rate, signals prospect of less easing in 2025
Policymakers reduced the benchmark interest despite signs that their nearly three-year fight to push down inflation to their ...
Berkshire Eagle1d
The Fed backs away from more interest rate cuts
The Federal Open Market Committee cut interest rates again on Wednesday and reduced ... Prior to the meeting, most ...
Yahoo Finance2d
The Fed lowered interest rates — again: Here’s what that means for your credit cards
The Fed’s interest rate moves affect many types of debt — including personal loans, home equity, student loans, and more. Credit card balances and the interest rates they carry are no ...
Fed cuts interest rates, delivering relief for borrowers at last meeting before Trump takes office
The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, delivering relief for borrowers at ...
Stock market today: Dow drops 1,123 points and bond yields soar as markets adjust rate outlook after Fed meeting
The Dow hit a 10th straight day of losses, its worst streak since 1974, as stocks plummeted amid the outlook for fewer rate ...