Fed Cuts Rates by Half-Point, Sparks Political Debate Ahead of Election
Federal Reserve (FED) Chair Jerome Powell announced the first rate cut in four years on Wednesday, reducing rates by...
FED
Muted Market Response to Fed’s Large Rate Cut, But Experts Warn Volatility Ahead
Despite the Federal Reserve’s aggressive half-percentage-point rate cut, the markets reacted with surprising calm. Stocks, bonds, and currencies largely...
FED Cuts Interest Rates by 50 Basis Points Amid Economic Concerns
The Federal Reserve (FED) made a significant move on Wednesday by cutting interest rates by half a percentage point,...
US Retail Spending Rises in August, But Consumers Are Growing More Cautious
Despite a modest 0.1% increase in US retail spending for August, consumer behaviour is shifting. While spending remains above...
Fed has made “significant progress” in easing inflation: Powell
Federal Reserve Chair Jerome Powell stated that U.S. inflation may return to the 2% target by late 2025 or...
U.S. Banks Pass Fed’s Stress Test, But Face Higher Hypothetical Losses
The Federal Reserve’s annual stress test revealed that the largest U.S. banks have sufficient capital to endure severe economic...