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 ...
U.S. stocks rallied to close out the trading week on Friday after two lackluster sessions as a cooler-than-expected inflation ...
Bitcoin and the broader crypto market tumbled on Friday as investors dumped digital assets after the Federal Reserve said it ...
Analysis of the Federal Reserve's recent rate cuts and cautious approach towards future economic policies in response to ...
Stocks rallied on Friday after two lackluster sessions as a cooler-than-expected inflation report and comments from Federal ...
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 ...
The Fed announced its third straight rate cut this week, also signaling that additional reductions are likely in 2025. What ...