Analyst reacts to Federal Reserve cutting key rate by sizable half-point
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for American consumers.
The world's largest asset manager BlackRock has warned "growing concerns" around the spiraling $35 trillion U.S. debt pile ...
The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by ...
The Fed is widely expected to cut its benchmark interest rate on Wednesday, though it remains unclear how aggressive the ...
The Federal Reserve surprised markets with a 50 bps rate cut and projects a faster path to a neutral rate. Click here to read ...
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