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US Fed begins rate cut cycle
BofA now expects Fed to go for 75-bp cut in Q4 after bumper rate reduction
BofA Global Research raised its forecast for the Federal Reserve's anticipated interest rate cuts for the remainder of this year to 75 basis points, after the U.S. central bank kicked off a widely expected series of reductions on Wednesday.
The Fed cut rates today for the first time in 4 years. What does that mean for your money?
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Fed Announces Big Rate Cut
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates by half a point.
4d
on MSN
Inflation 'virtually a non-issue'; Jobs now dominate the Fed's dual mandate
The monetary policy narrative in the U.S. has undergone a rapid shift from inflation to the labor market, especially since ...
1d
on MSN
The Fed Is Finally Lowering Interest Rates. Should You Buy a CD Now?
It's been a good year to have money in a savings account or a CD. The Federal Reserve's benchmark interest rate has been at recent peak levels of 5.25%-5.50% since August of last year, which means ...
1d
on MSN
Smith: The Fed should be more measured now instead of making a big, bold move
Wells Fargo Advisors' Mark Smith says he doesn't see the need for a 50 basis point rate cut based on the economic data, and ...
Opinion
1d
Opinion
Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now.
The economist and New York Times Opinion columnist Paul Krugman makes the case for aggressive rate cuts by the Federal ...
2d
on MSN
Bitcoin jumps while Dow falls ahead of the Fed’s interest-rate decision
Bitcoin jumped Tuesday ahead of the Federal Reserve’s key rate decision on Wednesday, as traders expect the central bank ...
Marketplace
3d
With the Fed set to cut interest rates, the dollar is losing a bit of its shine with foreign investors
The effect of a declining dollar is likely to be subdued, said economist Eswar Prasad, since other nations are seeing weak ...
3d
July Fed meeting preview: As unemployment rises and inflation slows, should officials cut interest rates now?
Economists also believe the Fed likely isn’t startled about the unemployment rate just yet. The current unemployment rate of ...
2d
Stock Market Today: Dow futures hold record highs as Fed rate cut looms
SolarEdge Technologies is down 5% after shares of the solar-power-equipment maker were downgraded to Underperform from Hold ...
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