Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of ...
The long-anticipated cut, larger than the typical quarter-percent (25 bps) drop, was the first since the Fed started raising ...
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
Fed watchers are uncertain about whether the FOMC will cut by a quarter or half percentage-point in part because, as Chris ...
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
The U.S. central bank on Wednesday kicked off an anticipated series of interest rate cuts with a larger-than-usual ...
Indian shares gave up early gains to end modestly lower on Wednesday as investors waited for the U.S. Federal Reserve's first cut to ...