Federal Reserve Lowers Interest Rates for the Third Time in 2024
The Federal Reserve announces its third interest rate cut of the year, reducing its benchmark short-term rate by a quarter of a percentage point. The new rate range of 4.25%…
The Federal Reserve announces its third interest rate cut of the year, reducing its benchmark short-term rate by a quarter of a percentage point. The new rate range of 4.25%…
President-elect Donald Trump has announced that he will not seek to replace Federal Reserve Chair Jerome Powell, despite their past public disagreements. Speaking during a recent interview, Trump acknowledged his…
In a surprising turn of events, the Federal Reserve’s recent rate cuts have failed to provide relief to millions of American homeowners and prospective buyers. Despite the Fed lowering its…
The Federal Reserve is poised to announce its first interest rate cut in more than four years, signaling a significant shift in monetary policy as it wraps up a crucial…
Big Lots, the discount retailer, has filed for bankruptcy just over a month after announcing plans to close hundreds of stores across the country, including several in the tri-state area.…
Federal Reserve Chair Jerome Powell has confirmed that the central bank is prepared to begin cutting interest rates, signaling a significant shift in U.S. monetary policy. Speaking at the Federal…
Federal Reserve Chair Jerome Powell emphasized today that high inflation is not the only threat to the U.S. economy, highlighting the complexity of the current economic landscape. Speaking before Congress,…
Federal Reserve Chair Jerome Powell announces that interest rates are expected to hold steady, quashing hopes for a reduction anytime soon. Speaking at the Foreign Bankers Association in Amsterdam on…
As of May, 2024, the Federal Reserve has opted to keep interest rates steady, signaling a cautious approach as officials monitor inflation trends. Chair Jerome Powell highlighted the central bank’s…
President Biden has reiterated his belief that the Federal Reserve will opt for a cut in interest rates before the end of the year, addressing reporters amid growing concerns over…