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Here’s what Fed interest rate cut means for your finances
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
Fed goes with half-point interest rate cut. What that means.
If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit cards and auto loans.
The Fed Just Made a Pivotal Rate Cut. What Will It Do Next?
After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing costs, and how fast.
22h
on MSN
Fed's Waller backed a half-point cut, citing faster-than-expected inflation slide - report
Federal Reserve Governor Christopher Waller said Friday he backed a 50-basis-point interest-rate cut at this week's Federal ...
2d
Oil prices fall as Fed rate cut stirs economic worries, storage report mixed
Oil fell on Wednesday after two sessions of gains after an industry report showed increasing U.S. crude and fuel inventories, ...
1d
on MSN
Social Security Pays Wrong People $22.8 Million: Fed Report
Representative payees have received millions of dollars in incorrect payments, according to the findings of a federal audit.
6h
on MSN
Toronto housing plan needs more fed, provincial funding: report
Toronto has been making progress on its housing targets, but according to an update on the city's two affordable housing ...
12d
NY Fed report finds mostly stable inflation expectations in August
The U.S. public's outlook for inflationary pressures was little changed last month amid an ongoing retreat in current price ...
1d
on MSN
Fed's Powell: policymakers noted 'artificially high' jobs data, revisions in rate cut decision
Fed Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the ...
2d
on MSN
Citadel Securities decides against pursuing Fed dealer status - report
U.S. market making firm Citadel Securities no longer feels the necessity to join the ranks of the two dozen securities firms ...
1d
Fed's relaxed bank-capital plan faces FDIC pushback, Bloomberg News reports
The U.S. Federal Reserve's watered-down version of a landmark bank capital proposal is facing resistance from the Federal ...
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