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 Fed trimmed a key interest rate by a quarter percentage point, its third straight rate cut. But it forecast fewer 2025 ...
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.
Traders expect the Federal Reserve to cut interest rates this week while the outlook for 2025 under President-elect Donald ...
The Fed's December rate decision reflects growing confidence in the economy's trajectory and the continued moderation of ...
The central bank is widely expected to make its third interest-rate cut of 2024 Wednesday, at its last meeting of the year.
Investors widely expect a third-in-a-row rate cut this week. Officials are ready to slow—or even stop—lowering rates after ...
Plus, NASA pushed back the return flight for astronauts Suni Williams and Butch Wilmore, who have been stuck at the ...
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 ...
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