The Federal Reserve has cut its prime rate by half a percentage point for the first time since 2020, a move that will lower costs for mortgages and auto loans, significantly impacting Americans ...
The Federal Reserve slashed its benchmark interest rate by an unusually large half-point on Wednesday. This move comes after more than two years of high rates that helped control inflation but ...
The Federal Reserve’s rate cut Wednesday sounded the all-clear for overseas central banks that are also concerned about their domestic economic growth. Some of the world’s most consequential ...
The updated dots signal a total of 50bp of additional cuts in 2024, 4x25bp of cuts in 2025 and 2x25bp cuts in 2026. Relative to our call, the Fed signals a longer but more gradual rate cutting cycle.
The Federal Reserve lowered its benchmark interest rate by half a percentage point, an aggressive start to a new cutting cycle amid cooling inflation and a softening labor market. Historically ...
“Speculators re-entered the short side of this market with little apparent concern over the Fed rate decision in sending off some additional bearish signals suggestive of a market poised to ...