Consumer Bankers Association President and CEO Lindsey Johnson is ready for the Joe Biden era of bank regulation to come to an end.
The Fed’s decision to cut the benchmark interest rate by a half point on Wednesday could spur a new wave of home renovations ...
The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve doesn't control the federal funds rate directly. Instead, it uses various ...
The biggest gains, however, tend to come after the Fed begins cutting rates following a stock market panic. Following the first Fed rate cut in March 2020 due to the COVID pandemic, the S&P 500 was up ...
The big Fed cut alongside news of falling weekly jobless puts the 'soft landing' firmly on track and all stock indexes surged on Thursday - with new record highs for the S&P500 (.SPX) and the ...
Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...
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 ...
Wall Street eagerly embraces the 50 basis points rate cuts implemented by the Federal Reserve. The Dow Jones index achieves a ...
Mike Wood, the founder of mortgage lender Bailey & Wood Financial Group, talks Sept. 18, 2024, about the Fed's action.
It's big news for homeowners and those looking to purchase a home. The Federal Reserve provided a major cut to rates this ...
WASHINGTON (WNDU) - As you may have heard, the feds lowered interest rates this week by a half percent. It’s the first cut ...
The Federal Reserve announced they were cutting the federal interest rate by half of a percent this week. That doesn’t come ...