By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...

Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is ...

One of the most immediate effects of Fed rate cut is the shift in global capital flows. That is where emerging markets like ...

Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...

Kristina Hooper, chief global market strategist at Invesco, said the U.S. economy looks set to avert a recession as the Fed starts easing monetary policy just ahead of the U.S. election, and she ...

Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of ...

President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump’s economic policies as a failure ...

Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...

Financial advisors say the rate cut proves the Fed thinks we’re at a point where we can safely lower interest rates to ...

The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.

Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.

Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a ...