Fed governor explains dissent from 50 basis point rate cut
Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 ...
Steamboat Pilot & Today5h
Is the Fed’s interest rate cut a turning point for Colorado’s housing market?
A stagnant Colorado housing market could benefit from what is expected to be a series of ongoing cuts to the federal interest ...
KFGO6h
Investor focus turns to data, election, earnings after Fed cut
A roaring rally in U.S. stocks will face a gauntlet of economic data, looming political uncertainty and a corporate earnings ...
Wall Street closes its record-setting week mixed
NEW YORK — A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs ...
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
Odessa American7h
Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Access WDUN7h
Biden says Fed made 'declaration of progress' with interest rate cut
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
The Fed rate cut scared me. Where should I invest my $127,000 in savings now?
If you're willing to push a little bit past the fear, then the world of investing opens up to you. What you pick will have to align with your goals for the money and your time horizon, which will be ...
Fed's Waller: Weak inflation data cemented case for 50 basis point cut
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...
8 Things to Know Before You Invest in Gold
"What should people know before investing in physical gold, ETFs or mining companies is that while each form of investment is ...
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
Berkshire Eagle10h
The Fed's half-point interest rate cut surprised the markets
The Fed's giant-sized rate cut may have at least delayed the downside that usually accompanies this seasonal period in the ...