The U.S. stock market was already priced two-thirds of the way for a 50 basis point cut. So they basically delivered on what they market was already discounting. It was probably the appropriate move ...
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
This economy is particularly sensitive to fluctuations in exchange rates, resulting in a substantial increase in import costs ...
Donald Trump and Kamala Harris agree on this much: Groceries cost too much. But despite promises from each presidential ...
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...
Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage ...
Here are some of the headlines from this past week in the Missoulian. To read the full stories, click the link on each ...
Fed Reserve Governor Christopher Waller told CNBC that he supported a 50 basis point rate reduction at this week's meeting because inflation is easing faster than he had expected. Waller indicated ...
South Africa’s central bank cut its benchmark interest rate for the first time since 2020 on Thursday, joining other nations in reducing borrowing costs as inflation eases. Central banks worldwide ...
Bank of England policymaker Catherine Mann voted to keep rates on hold at 5% yesterday because she wanted to avoid a ...