penncapital-star28m
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 ...
Has the Fed overreacted to the US economy?
The Fed’s decision meets the theoretical economic rules but there is an intuitive question about whether such a large cut was ...
Fed rate cuts are arriving too late and layoffs show the US economy is already in a recession, bond king Jeff Gundlach says
Layoff announcements climbed 193% over the last month, according to a report from the consultancy Challenger, Gray, & ...
Stock Market Today: Dow opens lower as post-Fed rally pauses
U.S. stocks opened lower on Friday as investors hit the pause button on a powerful post-Fed rally that had lifted the Dow and S&P 500 to fresh record highs. Friday has little in the way of ...
Fed sees higher 'terminal' rate, reached sooner
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...