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When the Federal Reserve cut the federal funds target rate on September 18th, the stock market reacted negatively. This runs counter to our expectations and try to unpack why.
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Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve's recent interest rate cut.
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As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without lingering marks.
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Federal Reserve cuts rates by half a point and signals era of easing has begun Financial TimesKey takeaways from the Fed's decision to deliver a jumbo-sized interest rate cut CNNWhy the Federal Reserve opted for the big interest rate cut Financial TimesFed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years CNBC
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On Wednesday, the Fed announced that it reduced its key rate by an unusually large half-percentage point.
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The Federal Reserve is slated to cut interest rates in its meeting Wednesday. Follow along for live updates on the Fed interest rate decision.
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