Fed's Cook says she 'wholeheartedly' supported half-point rate cut
Federal Reserve Governor Lisa Cook on Thursday endorsed the U.S. central bank's 50-basis-point interest-rate cut last week as a way to address increased "downside risks" to employment.
Fed’s Rate Cut Is Jolting Small Businesses to Spend Again
From restarting expansion plans to boosting marketing, some entrepreneurs are preparing for lower borrowing costs. Others say not so fast.
How Will Interest Rate Cut Impact Election? Here’s What To Know As Fed Makes First Cut Since 2020
The final rate-setting meeting before the November election brought the first cut since March 2020, a move likely to prove popular for everyday Americans.
Here’s what you should know about buying a home ahead of a likely interest rate cut
On Wednesday, the Federal Reserve is widely expected to cut interest rates after keeping them at a 23-year high for more than a year, fueling hopes that America’s sluggish housing market might soon turn a corner.
What does the Fed interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the aftermath of the Fed’s rate cut on Wednesday, the yield on a 10-year Treasury bond ticked slightly upward, defying the nudge downward by the central bank.
What’s Next After The Fed’s Big Interest Rate Cut?
Forbes’ expert contributors help explain what the Fed’s move means for investors, businesses, job seekers, home buyers and more.
If you own a home or hope to buy one soon, what does the Fed’s interest rate cut mean for you?
Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability.
An Interest Rate Cut
That’s because rate cuts tend to help the party in power. Lower interest rates boost the economy by making it cheaper for people to borrow money to buy a house or start a business. And while the full benefits take time, cutting borrowing costs can shift America’s economic vibe quickly.
The Fed gives the US its first jumbo interest-rate cut in 4 years
The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in four years after aggressive inflation fighting.
The Fed Is Cutting Interest Rates: Here's the Best Stock to Buy Right Now
There are many strong contenders for the best stock to buy with interest rates falling. One stock especially rises to the top, though. This stock also has excellent long-term growth prospects that go beyond the Fed's rate cuts.
Fed's jumbo interest rate cut puts the U.S. on track for a soft landing, Goldman CFO says
The Fed's move to lower interest rates by 50 basis points puts the U.S. economy on track for a soft landing, according to ...
What the Fed’s Latest Interest Rate Cut Means for You
The Federal Reserve announced a major 50 basis point rate cut Wednesday—its first rate reduction cut since the pandemic.
Bank of Mexico lowers key interest rate to 10.50% with single dissent
The Bank of Mexico lowered its benchmark interest rate by 25 basis points on Thursday for the second straight time, as ...
With more interest rate cuts, market volatility on the horizon, here's what investors can do to prepare
The U.S. economy is poised to face more uncertainty heading into the fourth quarter. Investors who plan ahead may fare best, ...
Banking Expert Predicts: Top 4 Ways the Fed Rate Cut Will Improve Your Finances
Whether you're a borrower, a saver, or both, the Fed's recent rate cut is big news for your money. See how to use this moment to improve your finances.
Dollar drops as data boost fades; Swiss franc gains following rate cut
The dollar weakened in choppy trading on Thursday after a boost from healthy U.S. economic data faded, while the Swiss franc ...
Investors should still keep emergency funds liquid after the Fed's interest rate cut, advisor says
Despite falling rates, investors should still keep emergency funds "liquid," meaning the cash can be easily accessed, ...