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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.
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.
Here’s where you can still score a 6% APY, and higher, on your savings – as the Fed cuts rates for the first time in 4 years
After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done since 2020: make a cut. While on one hand the Feds
19h
Fed sees higher 'terminal' rate, reached sooner
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...
13h
on MSN
What does the Fed interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
Opinion
3d
Opinion
The Fed Should Go Big Now. I Think It Will.
But this time around, I think they will be.
16h
The Fed Just Lowered Interest Rates. This High-Yield Stock Is a Buy Now.
As noted above, the REIT has a record amount of liquidity (a cool $3.2 billion) including a zero balance on its revolving ...
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
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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