Fed Chair Jerome Powell called the Fed's decision a "risk management cut" in case the economy suddenly slows significantly. The stock market has been banking on interest rate cuts for months now, ...
A cut in federal interest rates won’t necessarily mean better mortgage rates or lower prices for Utahns looking to buy a home, industry experts say. The Federal Reserve cut its benchmark interest rate ...
Zohran Mamdani has said that critical remarks he made in 2020 about the police do not reflect his views. But as a state assemblyman in 2022, he still held anti-police positions. By Benjamin Oreskes As ...
Understanding Robotics Engineering Roles Robotics engineering is a field where you get to build machines that can ...
The Federal Reserve officially lowered its benchmark interest rate by 0.25% during its September meeting, a move that was aimed at boosting a stalling labor market. The highly-anticipated rate cut, ...
After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...
FIRST ON FOX: Senate Banking Committee Chairman Tim Scott, R-SC, told Fox News Digital that a 50 basis point rate cut is possible this week and touted the arrival of President Donald Trump’s newly ...
The Fed rate decision could usher in a new chapter of uncertainty for markets worrying about inflation, labor market, and the independence of the world's most powerful central bank How investors can ...
The decision will be announced Wednesday at 1 p.m. CST. Many economists and experts are expecting the Fed will approve an interest rate cut this week. A popular tracking tool, CME FedWatch, says there ...
The Federal Reserve Open Market Committee on Wednesday decided to cut the central bank’s key overnight lending rate by a quarter of a percentage point, its first cut in nine months. Given the Fed’s ...
A Federal Reserve rate cut lowers borrowing costs across the economy, influencing credit cards, mortgages, and auto loans. The Fed decides whether to cut rates based on inflation, employment trends, ...
The Federal Reserve is expected to announce its first interest rate cut this year on Wednesday despite signs of tariffs pushing inflation higher amid rising concerns about the labor market.