At the same time, Powell noted that "rate cuts could be faster if 'the labor market ... For mortgage borrowers, for instance, ...
George Gascón said he believed the case against Erik and Lyle should be reconsidered. A new tough-on-crime D.A.-elect could ...
The Federal Reserve Open Markets Committee concluded its two-day meeting today and cut its influential benchmark rate. Follow along for live updates.
ToplineThe Federal Reserve lowered the federal funds rate for a second consecutive time Thursday, but the economic policies floated by President-elect Donald Trump have some economists questioning the ...
Officials face new questions over what might lead to a slower pace of rate cuts after Donald Trump’s election ignited market ...
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
The Fed is expected to cut rates on Thursday and possibly again in December. What can savers and borrowers expect?
U.S. stocks were mixed on Thursday as investors waited for the Federal Reserve's decision on interest rates, due later in the ...
Trump could not fire or demote him: It would “not be permitted under the law,” he said. Thursday’s Fed rate cut reduced its benchmark rate to about 4.6%, down from a four-decade high of 5.3%. The Fed ...
“If the US Fed delays interest rate cuts to combat inflation, foreign portfolio investment (FPI) flows into India could weaken. There is typically a negative correlation between US interest rates and ...
Trump will have the opportunity to name a new Federal Reserve chairman in May 2026, with a Republican-controlled Senate able ...
Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point.