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.
The Federal Reserve's big bang start on Wednesday to what's expected to be more interest-rate cuts this year and next may ...
"Everybody's happy" about the Federal Reserve's rate cut – at least in real estate – potentially opening the floodgates to ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...
Fed Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to the rise in ...
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
The Fed eased any prevailing investor concerns that it's aggressively cutting interest rates because it believes an economic ...
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