Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee’s…
Tag: cut
Mortgage Rates HIGHER (Not Lower) After Fed Rate Cut
Several things happen on Fed Day–especially on the 4 out of 8 examples with updated rate forecasts from Fed members. …
Federal Reserve lowers interest rates by 0.25 percentage points in first cut since December
The Federal Reserve on Wednesday lowered its benchmark interest rate by 0.25 percentage points — its first cut since December…
Will the Fed cut rates on Wednesday? See 5 economic charts that may determine its decision.
The Federal Reserve’s rate decision on Wednesday is shaping up to be its most consequential of the year, with most…
How Fed rate cut hopes clashed with slowing jobs growth
The stock market kicked off the historically tough month of September on a rocky note as Wall Street speculated about…
Waller, in the running for chair, says Fed should cut in September
Federal Reserve Governor Christopher Waller speaks during The Clearing House Annual Conference in New York City on Nov. 12, 2024.…
Fed’s Waller, a candidate for chair, sees potential for half-point cut if labor market weakens further
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March…
Markets are sure the Fed will cut in September, but the path from there is much murkier
Traders work on the floor of the New York Stock Exchange on Aug. 22, 2025, in New York City. Spencer…
Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a…