The Wall Street economist who nailed the Fed’s ‘joyous’ rate cut sees the same thing again
"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically a joyous cut as ebbing inflation allows the Fed to act to preserve a strong labor market.
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
Investors are pouring money into corporate bonds, risk premiums are grinding tighter, and the Federal Reserve’s interest rate ...
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...
Gold’s relentless rally got an added jolt this week from the Federal Reserve’s long-awaited interest-rate cut, but some ...
The Federal Reserve's big bang start on Wednesday to what's expected to be more interest-rate cuts this year and next may ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
The Fed cutting the benchmark rate is considered a step in the right direction for real estate and finance industries.
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
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