Federal Reserve cuts interest rates by a quarter point
The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but ...
Tag: inflation
Bank of England cuts main interest rate by a quarter-point to 4.75% but sees higher inflation after Reeves’ budget
LONDON, - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said ...
Here’s the deflation breakdown for September 2024 — in one chart
Jeff Greenberg | Universal Images Group | Getty ImagesInflation has eased gradually across the broad U.S. economy, and some areas ...
Fed officials were divided on whether to cut rates by half a point in September, minutes show
WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to ...
States forge ahead with Inflation Reduction Act energy rebates — so far, South Dakota is the only one to opt out
Owngarden | Moment | Getty ImagesA handful of states have rolled out rebates to consumers who make their homes more ...
Fed rate cuts should favor preferred stocks, Virtus money manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren't as ...
Kamala Harris wants to take on price gouging. It’s hard to find agreement on what it even is
Democratic presidential candidate Vice President Kamala Harris and her husband, Doug Emhoff, stop at a Sheetz gas station in Coraopolis, ...
Dow closes at record high as tame inflation report also lifts small caps
The blue-chip Dow Jones Industrial Average closed at a record high as a subdued inflation report stoked hopes for more ...
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate ...
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week's meeting because ...
