Fed cuts interest rates a half point in landmark policy shift
Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage point, or opt for a larger half-point cut. The tool estimated the probability of a half-point cut at 65% and the odds of a quarter-point cut at 35%.
Fed, Jerome Powell
There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other ...
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
The monetary easing cycle in the U.S. almost certainly starts Wednesday and by the time Fed Chairman Jay Powell steps up to ...
Reaction from Trump world shows the fight is now over who gets credit for what looks like a soft economic landing: "Why ...
The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a ...
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