Fed announces rate cut
The Fed’s Rate Cut: A ‘Soft Landing’ – Or ‘Fake News’?
The rate cut is about repairing the Fed’s damaged credibility. “Going big” with 50 basis points is a psychological gambit, to convey decisiveness and self-confidence.
Are You Nearing Retirement? Here's What the Fed's Rate Cuts Mean for Your Savings
The recent interest rate cut by the Federal Reserve has raised fresh financial questions for everyone from economists to would-be homebuyers. Add Americans nearing retirement to that list.
Where should you stash your savings after the Fed rate cut?
For example, "several banks are offering high-yield savings accounts with APYs of 4.85%," which, while "down from a peak of 5% or more prior to the rate cut" is still a "relatively robust offer," said CBS News.
Fed Is Aligned on Rate Cuts, but Upcoming Data Will Shape the Pace
In a surprising shift of emphasis, Fed Governor Christopher Waller, a key voice in the central bank's two-year inflation battle, noted last week that over a three- or four-month time frame inflation was now running below target and could slip even lower if shelter cost increases slow as anticipated.
Latest inflation data could boost case for more big Fed rate cuts
By Howard Schneider WASHINGTON (Reuters) -Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower interest rates by half of a percentage point last week and prompted traders to bet the U.
After ‘Jumbo’ Rate Cut, This Fed Official is Pumping The Brakes on Expectations
Federal Reserve Gov. Michelle Bowman said investors may anticipate more interest rate cuts than the central bank could need to make.
Fed Interest Rate Cuts Ease Clean Energy Headwinds
Lower interest rates will help improve the economics of capital-intensive renewable energy projects, bringing more clean energy online faster.
Fed Looks to Jobs Data to Set Pace of Future Rate Cuts
The looming question of how large subsequent rate cuts is far from decided as Fed governors prepare for their October meeting.
Fed-Funds Futures Favor a Larger Cut in November, but Barely
Will the Federal Reserve opt for another half-point cut in November? Traders now see the chances of another larger cut as slightly better than a coin flip. Fed-funds futures see a 54.1% chance of a half-point cut when the Federal Open Market Committee meets in early November,
Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is ...
How the Fed's Rate Cuts Could Shave Millions in Stablecoin Issuer Income
Key Takeaways The Federal Reserve's recent decision to cut interest rates will lead to lower revenue for stablecoin issuers, ...
Fed's bumper rate cut revives 'reflation specter' in US bond market
The Federal Reserve's aggressive start of the easing cycle has rekindled inflation worries in the U.S. bond market, as some ...
What does the Fed interest rate cut mean for home buyers, sellers in Appleton, Green Bay?
The current 15- and 30-year fixed mortgage rates have dropped to 5.15% and 6.09%, respectively, according to a weekly Freddie ...
Fed Rate Cut Paves the Way for Banks to Exit Emergency Facility
Banks that borrowed from a Federal Reserve emergency lending facility crafted after the collapse of Silicon Valley Bank might ...
Traders bet on second straight 50 bps Fed rate cut in November
Traders added slightly to bets the Federal Reserve will deliver a second 50-basis-point interest rate cut in November after a ...