Federal officials to cut interest rates by half-percent. What it means for Kentuckians
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point reduction. The CME FedWatch forecast tracker favored a half-point cut by a 55-45 margin at midday. (Earlier Wednesday, forecasters rated the probability of a half-point reduction even higher.)
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President Biden says he has "never once spoken to the chairman of the Fed since I became president," despite a May 2022 ...
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after ...
The world's largest asset manager BlackRock has warned "growing concerns" around the spiraling $35 trillion U.S. debt pile ...
Prominent Republicans have questioned the timing and size of the Fed rate cut ahead of the November presidential election.
The Fed is widely expected to cut its benchmark interest rate on Wednesday, though it remains unclear how aggressive the ...
The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by ...
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Federal Reserve’s unexpected policy shiftThe Federal Reserve, the central banking system of the United States, recently wrapped up a pivotal meeting that has left the ...
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The FOMC too often speaks with one voice, an oddity in its history and for central banks globally.
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