What impact will the Federal Reserve's rate cut have on stocks?
The decision by the Fed's policy-setting committee to cut interest rates for the first time since March 2020 was prefaced by an unusual amount of market uncertainty as to how much the central bank would lower its benchmark rate from a two-decade high of 5.25% to 5.5%, where it has stood since July 2023.
Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
Supporters say the Yakama case shows that if the White House can’t keep bureaucracy from undermining its own goals, then it’s ...
Washington’s Yakama Nation received both the grant and a $100 million federal loan. Held up by a series of bureaucratic ...
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Sean 'Diddy' Combs was sent to the Metropolitan Detention Center in Brooklyn, a place that’s been described as “hell on earth ...
So long as Americans are talented, U.S.-based growth will be abundant, and will take place without regard to what the Fed ...
The Federal Reserve made headlines this week by announcing a significant cut in interest rates by half a percentage point.
On the campaign trail, former President Donald Trump has pointed to the Department of Education as a symbol of federal ...
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