The Fed's bold move on interest rates has ripple effects, plus GM makes a bold move, too
The week in markets started with the Federal Reserve cutting interest rates by more than most economists expected.
Here’s what the Fed interest rate cut means for your finances
Experts are split on whether they agree with the rate cut; a rate reduction this large is usually reserved for recessions.
Rate cuts might make it cheaper to buy a house, but they won't fix the US housing market's biggest problem
Lower interest rates might seem like a boon for buyers, but builders are facing a host of problems preventing them from ...
Fed governor explains dissent from 50 basis point rate cut
Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 ...
American Banker22h
The economic cloud over the Fed's half-point rate cut
Federal Reserve Gov. Michelle Bowman cast the first dissenting vote at an FOMC meeting in years. On Friday, she explained why ...
Stocks poised for first September gain in 5 years. Why more good times could lie ahead.
These losses have been particularly acute in recent years, helping to burnish September's fearsome reputation. The S&P 500 fell nearly 5% in September 2023 and more than 9% in September 2022, ...
The Fed’s historic rate cut and how it affects you
Mortgage rates, credit card fees and auto and personal loans are all on the table for potentially going lower after the Federal Reserve's super-sized interest rate cut.
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
What’s Next After The Fed’s Big Interest Rate Cut?
Forbes’ expert contributors help explain what the Fed’s move means for investors, businesses, job seekers, home buyers and ...
The Fed Just Made a Pivotal Rate Cut. What Will It Do Next?
After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing ...
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...
‘Exceptional’ mortgage rates spotted in Canada after U.S. Fed rate cut
Ripple effects from the U.S. Federal Reserve's half-point rate cut on Wednesday are already being felt in Canada, according to experts.