The Federal Reserve hit the ground running on Wednesday with a big rate cut to kick off its easing cycle, signaling its ...
A "substantial majority" of Federal Reserve officials supported the half-percentage point interest rate cut at the September meeting, according to minutes of the meeting released Wednesday. Prior to ...
Traditionally, big Fed interest rate cuts and equity prices hovering near all-time highs are ominous signs for the stock market. Large rate cuts – such as those Fed officials approved and ...
after holding rates steady since July 2023. Some officials would have preferred a smaller cut, according to the minutes, and ...
The Federal Reserve announced a policy decision to cut interest rates by 0.5% on September 18. This decision was accompanied by FOMC member forecasts, which reflect expectations of additional Fed ...
Some” participants, however, supported only a quarter-point cut, while “a few others indicated they could have supported such ...
Some Federal Open Market Committee participants would have preferred a 25-basis point cut, according to the minutes of the ...
Federal Reserve Bank of St. Louis President Alberto Musalem said on Monday he supports more interest rate cuts as the economy ...
Federal Reserve Governor Adriana Kugler "strongly supported" the central bank's decision last month to cut rates by half a ...
The wait is finally over. For the first time since March 2020, the Federal Reserve has cut short-term interest rates. On Wednesday, Fed Chairman Jerome Powell announced the central bank would ...