Fed cuts interest rates a half point in landmark policy shift
Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage point, or opt for a larger half-point cut. The tool estimated the probability of a half-point cut at 65% and the odds of a quarter-point cut at 35%.
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...
Former Treasury Secretary Lawrence Summers said inflation will probably prevent the Federal Reserve from lowering interest ...
The Fed is expected to lower the benchmark interest rate Wednesday for the first time in more than four years, but how large ...
WASHINGTON (AP) — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: ...
The latest batch of quarterly forecasts from the Federal Reserve showed policy makers have had a change of heart since June ...
It might tempt the European Central Bank to consider lowering rates again next month, for a third time since June.
China is widely expected to trim its main policy and benchmark lending rates on Friday, a Reuters poll showed, after the ...
The Federal Reserve lowered its benchmark interest rate by a half percentage point on Wednesday, an aggressive start to a ...
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