What To Expect When You're Expecting A Rate Cut
The Fed cut the Fed funds target rate by 0.50 percent, and for maybe the first time in this entire monetary policy cycle, the ...
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Here’s How Much You’ll Earn If You Deposit $2,000 Into This CD Today
If you deposit $2,000 in CommunityWide Federal Credit Union’s one-year CD -- which has one of the highest APYs available ...
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 ...
Here are the benefits of opening a CD right now following the Fed’s rate cut
Now that the Fed’s first rate cut in four years is a fait accompli, there are still opportunities to open CDs with ...
Wall Street closes its record-setting week mixed
NEW YORK — A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs ...
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
Trump decries Fed rate cut as ‘political move’ that won’t work
Trump has repeatedly criticized the central bank and suggested presidents should have more of an influence over the Fed’s ...
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Biden says Fed made 'declaration of progress' with interest rate cut
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
The Fed rate cut scared me. Where should I invest my $127,000 in savings now?
If you're willing to push a little bit past the fear, then the world of investing opens up to you. What you pick will have to align with your goals for the money and your time horizon, which will be ...
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
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The Fed's half-point interest rate cut surprised the markets
The Fed's giant-sized rate cut may have at least delayed the downside that usually accompanies this seasonal period in the ...