The index hasn’t closed below 16 since the end of August, the data show. The Fed announced Sept. 18 that it lowered its benchmark rate by half a percentage point to a target range of 4.75% to 5%.
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...
The S&P 500 and the Dow vaulted to record highs one day after the rate cut. Stocks rallied to record highs this week in the ...
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...
Say you've been holding off on signing or refinancing a mortgage because rates were stuck around 7%. Currently, the average ...
With the Federal Reserve shifting gears and cutting interest rates by a half point, it’s time for investors, households and ...
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to ...
Stocks in September have been negative for four years in a row but momentum from the rate cut could bring change.
Gerard Cassidy, RBC Capital Markets managing director, joins 'Squawk on the Street' to discuss the impact of rate cuts on ...
There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other ...
It will take a lot more than the single rate cut from the Fed to make a notable difference in auto loan rates. Since 2022, ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...