Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024
The Federal Reserve on Thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 ...
Federal Reserve cuts interest rates, days after election of Trump
The Fed cut interest rates by a quarter of a percentage point. The Federal Reserve cut interest rates by a quarter of a ...
The Federal Reserve as we know it could soon be turned on its head
That’s because, as one former Federal Reserve chair famously said, central bankers’ job is to remove the punchbowl right when ...
New York Sun8h
Federal Reserve Chairman Jerome Powell Says He Won’t Cut Term Short — Even If Trump Asks Him To Resign
The question of whether Mr. Powell might be on the chopping block should Trump serve a second term has been the subject of ...
Federal Reserve Chair says Trump has no legal authority to fire him
Federal Reserve Chair Jerome Powell said Thursday he would not resign if President-elect Donald Trump asked him to, and ...
ABC News10h
Text of the policy statement the Federal Reserve released Thursday
WASHINGTON -- Below is the statement the Federal Reserve released Thursday after its latest policy meeting ended: Recent ...
Dow Jones Today: Major Indexes Hit New Record Highs as Federal Reserve Rate Decision Looms
The U.S. stock market extended its post-election rally Thursday morning, with major indexes hitting fresh all-time highs, as investors await a Federal Reserve decision on interest rates.
Stock market today: Wall Street ticks higher ahead of the Fed's decision on interest rates
U.S. stocks are ticking higher Thursday, ahead of the Federal Reserve’s announcement coming in the afternoon about what it will do with interest rates. The S&P 500 was up 0.5% in morning trading, ...