The reduction lowers the federal funds rate — what banks charge each other for short-term loans — to between 3.5% and 3.75%, down from its prior range of 3.75% to 4%. The Fed's decision marks the ...
In a split environment, the Federal Reserve executed the long-anticipated 25 basis point interest rate reduction ...
President Donald Trump gave himself an ‘A-plus-plus-plus-plus-plus’ grade on his stewardship of the US economy. The economy ...
Video Quality Speed 00:00 02:14 Trump pushes for larger Fed cut, seeks new chair for aggressive reduction strategy Despite ...
As the holidays approach, Greenville financial literacy advocate Rebecca Kincaid is urging consumers to plan ahead during a ...
The clock is running out for investors looking to make last-ditch moves before the calendar flips to the new year. This week, the stakes are high as a barrage of delayed economic data, coupled with a ...
Bond investors are positioning for a shallow easing cycle from the Federal Reserve as it gears up for its final policy ...
President Donald Trump has stated that Kevin Warsh and Kevin Hassett are top candidates to possibly replace Jerome Powell as ...
The Fed has cut interest rates for the third time in a row at December's meeting. Fed members were the most divided they've ...
Overview Bitcoin is trading near $90,263 after swinging between $89,536 and $94,381 today.The Federal Reserve’s rate cut ...
The Federal Reserve delivered a widely expected 25 basis point (bp) rate cut in December, then signaled a more data-dependent ...
I just didn’t know—until the other day, when it finally hit me. Jerome Powell is God, and the FOMC is the Holy of Holies. The ...