The move means officials have now slashed the Fed’s key benchmark interest rate — the federal funds rate — a full percentage point, bringing the new target rate down to 4.25-4.5 percent.
Though less visually thrilling than a SpaceX booster landing, the Fed’s success in achieving a soft economic landing amid aggressive interest-rate hikes is no less spectacular. Such a delicate ...
Crypto traders initial worries about a hawkish Fed materialized Wednesday as Chairman Jerome Powell cut interest rates but expressed uncertainty about the speed and extent of future easing.
An Emboldened Trump Talks of Taking Greenland and Panama Canal by Force In a rambling news conference from his private Florida club, President-elect Trump refused to rule out using military force ...
Bitcoin's (BTC) post-Fed price drop to $96,000 has activated a crucial contrary indicator that has historically marked the end of price pullbacks. On Wednesday, the Fed cut the benchmark borrowing ...