Even before the Federal Reserve approved its outsized half-percentage-point interest rate cut last week, financial markets ...
The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
The U.S. economy is close to normal rates of inflation and unemployment and the Federal Reserve needs monetary policy to ...
"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically ...