Federal Reserve goes big with half-point interest rate cut ... - NBC News
WEB2 days ago · Sept. 18, 2024, 2:00 AM PDT / Updated Sept. 18, 2024, 11:50 AM PDT. By Rob Wile. The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually ...
Fed Announces Big Rate Cut - The New York Times
WEB2 days ago · The S&P 500 and tech-heavy Nasdaq both closed roughly 0.3 percent lower, a modest drop, after rising earlier in the day on the news of the half-percentage rate cut.
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
WEB1 day ago · Sept. 19, 2024. President Biden on Thursday hailed the Federal Reserve’s move this week to begin cutting interest rates, casting it as a sign of America’s economic health and evidence that a ...
How Inflation and High Interest Rates Have Changed the Economy …
WEB1 day ago · America’s bout of painfully high inflation — and the period of high interest rates meant to cure it — is finally drawing toward a close. Price increases are nearly back to a normal pace, so ...
Live updates: First Fed rate cut since Covid | CNN Business
WEB1 day ago · In a significant shift for the US economy, the Federal Reserve announced a jumbo-sized rate cut Wednesday, its first rate reduction cut since Covid. It’s a major economic milestone both for the ...
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WEBThe latest news on the economy, jobs market, U.S. trade and housing, including the latest news and analysis on the Federal Reserve and Central Banking.
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Live updates: Markets prepare for slew of economic data, from …
WEBJun 29, 2023 · Markets rose after an onslaught of economic data Thursday, including a substantial revision to US gross domestic product, the latest mortgage rates and weekly jobless claims. Stocks closed higher...