Here are some of the U.S. weapons that Mexico’s drug lords prize most, amid the U.S. Supreme Court’s decision to weigh Mexico ...
The Fed reported that as of Wednesday, the level of its so-called earnings remittance to the Treasury Department stood at negative $201.2 billion. The number represents a paper loss that central ...
The move was made in response to easing inflation. The rate-cut lowers the cost of borrowing for consumers and businesses, bringing some relief to households weeks before November's presidential ...
Federal Reserve (Fed) Governor Lisa Cook said late Thursday, she "wholeheartedly supported a 50 bps rate cut." ...
The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts WASHINGTON -- The ...
Inflation is slowing so much that some economists said it could pave the way for another big Fed rate cut, if other data suggest one is warranted. By Jeanna Smialek Inflation cooled in August ...
On September 18, at precisely 2:00 pm, the Chairman of the Federal Reserve announced a reduction of 50 basis points (½ of 1%) in the Fed Funds target rate. It was the first rate cut in 4 ½ years ...
including how their use is evolving and how the markets underpinning them may be changing too,” Williams said in remarks opening the New York Fed’s 10th annual US Treasury Market Conference.
“The time has come,” stated Fed chairman Jerome Powell back in August at the Jackson Hole central bank symposium. Last week, the Fed cut its federal funds target rate by 50 bps to 5.00% p.a ...
We asked a few weeks ago whether Jay Powell was lucky or good: whether smart Fed policy caused, or merely coincided with, the rapid decline in inflation over the past two years. If you think ...
Traditionally, big Fed interest rate cuts and equity prices hovering near all-time highs are ominous signs for the stock market. Large rate cuts – such as those Fed officials approved and ...