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.
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 ...
Has Jerome Powell managed the impossible, or was it just luck?
Did Jerome Powell’s leadership guide the US to a soft landing, or was it luck? Explore how the Federal Reserve’s policies and ...
Why a recession still worries this stock-market veteran, despite the Fed's rate cut
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 ...
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Biden falsely claims he's never spoken to Federal Reserve Chairman Jerome Powell as president
President Biden says he has "never once spoken to the chairman of the fed since I became president," despite a May 2022 meeting with Jerome Powell.
McKnight's Long-Term Care News14h
‘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 ...
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.
Knoxville News Sentinel18h
Transfer QB Landen Hensley leads Anderson County football to season-opening win over Powell
Plays like that is why Anderson County opened the year with a victory, beating Powell 28-25 at home. Hensley led the way as he threw for 206 yards and three touchdowns, completing 16-of-26 passes.
US Fed lowers policy rate by 50 bps from 23-year high, signals additional 50 bps cuts; 5 key takeaways
The US Federal Reserve has slashed its key interest rate by 50 bps to 4.75 per cent-5 per cent after keeping it elevated at ...
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 ...