The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
The Fed's cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling in value by the end of the ...
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank ...
On Wednesday, Fed Chair Jerome Powell announced that the central bank would begin cutting Fed interest rates, starting with a ...
"Everybody's happy" about the Federal Reserve's rate cut – at least in real estate – potentially opening the floodgates to ...
Mortgage rates continued to decline this week, taking a little more pressure off America’s tight housing market as ...
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in ...
In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.
Policymakers from London to Frankfurt are signaling limited appetite to follow the US with rapidly cuts in borrowing costs, ...
The average rate on a 30-year loan fell to 6.09% this week, according to Freddie Mac. Mortgage rates have been falling over ...
The S&P 500 ( ^GSPC) climbed roughly 1.5%, while the Dow Jones Industrial Average ( ^IXIC) rose more than 1% with both ...
The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first ...