Federal officials to cut interest rates by half-percent. What it means for Kentuckians
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point reduction. The CME FedWatch forecast tracker favored a half-point cut by a 55-45 margin at midday. (Earlier Wednesday, forecasters rated the probability of a half-point reduction even higher.)
At least three of the Federal Deposit Insurance Corp.'s five directors oppose the Federal Reserve's revised proposal for the ...
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
Tolerating such behavior normalizes ethical (and sometimes legal) missteps, practically inviting similar behavior from public employees.
The Fed is widely expected to cut its benchmark interest rate on Wednesday, though it remains unclear how aggressive the ...
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The world's largest asset manager BlackRock has warned "growing concerns" around the spiraling $35 trillion U.S. debt pile ...
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