The rate cut is about repairing the Fed’s damaged credibility. “Going big” with 50 basis points is a psychological gambit, to ...
A Federal Reserve official says he supports reducing the central bank’s key interest rate somewhat from its current level.
The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is ...
The Federal Reserve slashed the federal funds rate last week for the first time in four years, boosting borrower hopes that ...
With its larger-than-normal cut last week, the Federal Reserve sent a clear message that interest rates are heading ...
Traders added slightly to bets the Federal Reserve will deliver a second 50-basis-point interest rate cut in November after a ...