Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
But there is a fight that the central bank hasn’t won. Although it might not be its fight at all.
Jerome Powell was clear: Fed decisions have nothing to do with politics. Politicians didn’t get the memo
"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we ...
Asian stocks follow Wall Street’s rate-cut rally higher, as BOJ stands pat
Asian stocks have surged, with Japan’s Nikkei 225 index leading gains after Wall Street romped to records following the ...
Why The Fed’s Lower Rates Will Boost Small Business Earnings
The long-anticipated cut, larger than the typical quarter-percent (25 bps) drop, was the first since the Fed started raising ...
Fed's Powell: policymakers noted 'artificially high' jobs data, revisions in rate cut decision
Federal Reserve Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when ...
Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut
Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.
Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world
Wall Street romped to records as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to ...
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Fed Chairman Suggests ‘Influx’ Of Migrants Are Contributing To Rising Unemployment
Federal Reserve Chairman Jerome Powell suggested migrants are helping drive rising unemployment during a press conference on ...
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‘Softening the edge’: Fed’s interest rate cut puts possibilities back on the table for SNF borrowers
The Federal Reserve cut a key interest rate for the first time since 2020, a move that could help cash-strapped nursing home ...
S&P closes above 5,700 and Dow ends above 42K in historic firsts as Wall Street soars
Wall Street ripped gains on Thursday, with market participants taking confidence from the Fed's bumper half-point rate ...
Fed cuts interest rates a half point in landmark policy shift
Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...