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 ...
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 ...
Federal Reserve cuts policy rate by 25 bps, with risks to dual mandate in balance
With inflation heading toward the Federal Reserve 2% goal and the labor market easing from tight conditions a year ago, ...
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 News12h
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.