Investment Advisers Urge Clients Away From Cash After Fed Rate Cut
(Reuters) - Investment advisers are urging clients to dump hefty cash allocations now that the Federal Reserve has begun its ...
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
The Fed is following its 1995 playbook — and that's great news for stocks and the economy
The Fed's cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling in value by the end of the ...
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Fed chops key interest rate by a sizable half-point, turns focus to more jobs
The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown ...