Based on the Fed's new decision, interest rates are now reduced by a quarter percentage point, moving to a range of 4.25 and 4.5 percent.
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. Friday’s report from the Commerce ...
Dean Greenberg, President of Greenberg Financial Group explained that interest rates on mortgages actually went up after the ...
U.S. stocks rallied to close out the trading week on Friday after two lackluster sessions as a cooler-than-expected inflation ...
Market participants were still tilting in favor of the view that the Federal Reserve will likely take no interest-rate action in January, despite Friday's PCE report which showed slower price ...
Analysis of the Federal Reserve's recent rate cuts and cautious approach towards future economic policies in response to ...
Despite the Fed's rate cut, U.S. stocks sell off due to the hawkish stance on inflation. Click here to read my full analysis ...
In midday trading, the Dow Jones Industrial Average jumped 769 points, or 1.8%, to 43,113. The S&P 500 climbed 1.7%, and the ...
Trump’s ability to project strength and assure voters that he would reduce inflation helped him win November’s election.
Stock market investors had hoped for an early holiday gift in the form of a third interest rate cut from the Federal Reserve.
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more ...
The U.S. dollar pulled back from a two-year high on Friday, but was heading for its third-straight week of gains, with data ...