The Fed’s decision to cut the benchmark interest rate by a half point on Wednesday could spur a new wave of home renovations ...

Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...

The unanimous view was that the US Fed rate cut was on expected lines – hence the subdued reaction on Thursday – and the ...

In his view, labor data was not weak enough to justify the bigger cut — but by doing so, the Fed is now stuck with bigger ...

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 ...

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 ...

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 ...

After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done ...

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 ...

While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, ...

The cut sets the federal funds rate target range at 4.75% to 5%. The effect could be especially good for variable and indexed ...

The Dow Jones and the S&P 500 surged to all-time highs in the wake of the Federal Reserve's announcement that it was lowering interest rates by half a percentage point.