The stock market plunged on Wednesday after the Federal Reserve scaled back its expectations for interest rate cuts next year ...
The Fed doesn't directly set mortgage rates, but it influences them by making changes to the federal funds rate, the interest ...
The Dow Jones Industrial Average shed 2.6%, or 1,123 points, closing at 42,327. The S&P 500 lost nearly 3%, closing at 5,872.
The Fed's December rate decision reflects growing confidence in the economy's trajectory and the continued moderation of ...
The Fed trimmed a key interest rate by a quarter percentage point, its third straight rate cut. But it forecast fewer 2025 ...
Officials penciled in fewer cuts than expected, sending major indexes lower.
The Federal Reserve cut its influential federal funds rate on Wednesday, but signaled it may be the last cut for a while.
The Federal Reserve just cut interest rates, but don't get used to falling borrowing costs: they're likely to stay where they ...
In a year marked by three consecutive rate cuts totaling 100 basis points, Federal Reserve Chair Jerome Powell said the Fed ...
The Federal Reserve cut interest rates by a quarter percent Wednesday, as widely expected, but set a cautious course for ...
To be sure, the central bank has emphasized that it will adjust its rate decisions based on incoming economic data. Evidence ...
Traders expect the Federal Reserve to cut interest rates this week while the outlook for 2025 under President-elect Donald ...
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