Dow, S&P 500 Hit Records After Rate Cut
The rally was a delayed yet emphatic response to the central bank’s decision Wednesday to cut interest rates by a half ...
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 ...
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Warren advocates for a bigger Fed rate cut, even as Wall Street cheers
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
Bank of England holds Bank Rate steady at 5%, urging sustainable path to target inflation
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
Interest Rates & Inflation: Bank Rate Held At 5% In Battle Against Persisent Price Rises
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...