How the Federal Reserve’s latest rate cut will impact Americans
The Federal Reserve cut interest rates on Thursday for the second time in three months, likely setting the stage for a drop in borrowing costs.
Most brokerages retain expectations of 25-bps rate cut from US Fed in December
Major brokerages including J.P.Morgan, Barclays and Goldman Sachs have forecast a 25-basis-point interest-rate cut by the U.S. Federal Reserve at its November 6-7 meeting.
Fed’s Kashkari Says Stronger Economy Could Mean Fewer Rate Cuts
Federal Reserve Bank of Minneapolis President Neel Kashkari said a strong economy and higher productivity growth may drive the US central bank to cut interest rates less than previously expected.
US Fed Expected To Look Beyond Trump Win And Cut Rates Again
The US Federal Reserve is expected to announce a quarter-point interest rate cut this week, shrugging off the economic uncertainty raised by Donald Trump's US election victory to continue easing borrowing costs on the back of cooling inflation.
Gold holds firm after US Fed rate cut, softer dollar
Gold prices rose more than 1% on Thursday, helped by a retreat in the U.S. dollar, while the Federal Reserve cut interest rates by a quarter of a percentage point as widely expected.Spot gold was up 1.
Business Matters - The US Federal Reserve cuts rates second time in a row - BBC Sounds
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Stock market today: Asian shares gain after US Fed cuts interest rates
Asian shares advanced Friday after most U.S. stocks rose as the Federal Reserve cut interest rates again to ease pressure on the economy.Oil prices fell while U.S. futures edged higher.Regional investors were watching for much-anticipated steps by Beijing to rev up the slowing Chinese economy as the top body of the national legislature wrapped up a meeting this week.
Stocks Keep Climbing As Fed Cuts Rates
Big tech stocks push higher, while the financial and industrial sectors pull back after Wednesday’s big gains; Lyft jumps 22%.
Federal Reserve cuts key interest rate by a quarter-point amid postelection uncertainty
Federal Reserve cuts key interest rate by a quarter-point amid postelection uncertainty.
Trump’s Victory Casts a Shadow Over the Federal Reserve
Donald Trump’s victory in Tuesday’s presidential contest threatens to upend the US economic outlook and alter the Federal Reserve’s policy calculus in the months ahead, while renewing questions about how fiercely he might pressure the central bank during his second term in the White House.
Gold retreats as dollar surges on Trump victory, eyes on Fed
Gold prices slipped to a near three-week low on Wednesday, beating a retreat as the dollar jumped after Republican Donald Trump was elected U.S. president in a remarkable political comeback. Investors in gold were also turning their attention to the next Federal Reserve policy meeting,
Trump Victory Poses Challenges For The Fed's Independence
Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from ...
US Federal Energy Revenue Falls 10% in 2024, but Still Among Biggest Years Ever
(Reuters) - Federal revenue from energy production on public lands and waters fell 10% in the latest fiscal year to $16.4 ...
What the Latest Fed News Tells Us About 2025 Savings and CD Rates
Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...
Reuters on MSN2d
US rate futures price in more Fed easing in December and 2025
NEW YORK, Nov 7 (Reuters) - Futures on the federal funds rate, which measure the cost of unsecured overnight loans between ...
CNN on MSN2d
Federal judge strikes down Biden immigration policy shielding select undocumented spouses of US citizens from deportation
A federal judge on Thursday struck down the Biden administration’s “parole in place” policy that gave legal status to ...
Politico Europe1d
US Fed’s Powell says Trump can’t fire him
Federal Reserve Chair Jerome Powell had a simple response Thursday as to whether he would leave his post if President-elect ...
Trump is poised to make the Fed's job a lot harder
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.
Federal Authorities Are Investigating Racist Texts Sent To Many Black Americans Across The US
Federal authorities on Thursday said they are investigating a series of racist text messages sent to Black men and ...