Fed cuts rates by half a percentage point, cites ‘greater confidence’ on inflation
The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of...
Tag : Fed
Fed policymakers say they are ready to start cutting interest rates
Federal Reserve policymakers on Friday signaled they are ready to kick off a series of interest rate cuts at the U.S. central bank’s meeting in...
Fed holds rates steady, nods to possible September cut
The Federal Reserve held interest rates steady on Wednesday but opened the door to reducing borrowing costs as soon as its next meeting in September...
US Fed Chair says progress made toward 2% inflation; labor market cooled
Jerome Powell says more good data would strengthen Federal Open Market Committe’s confidence US Federal Chair Jerome Powell said Tuesday that the American economy has...
Bitcoin breaches $30,000 for first time in 10 months
The crypto king’s surge follows Friday’s closely-watched US nonfarm payrolls report that showed employers maintained a strong pace of hiring in March, pointing to a...
US Federal Reserve raises interest rates a quarter-point amid banking turmoil
Fed announces rise to a range of 4.75% to 5% – its ninth consecutive rate rise and the highest rate since 2007 Facing the worst...