Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points, with investors cheering the central bank's move to head off a ...

September Fed meeting: What homebuyers should know Will mortgage rates drop now that the Fed has cut rates? How Fed rate cuts affect mortgage rates Is it a good time to buy a house now?

The Federal Reserve has cut interest rates for the first time since 2020. The decision to cut rates by a half a percentage point was the more aggressive option, putting the benchmark rate at a ...

Gift 5 articles to anyone you choose each month when you subscribe. “It’s a consequential decision,” the Fed chairman told reporters when asked in June about the pace of easing, adding ...

Bonnie Cash /Getty Images The Federal Reserve is widely expected to cut its benchmark interest rate when it meets Wednesday. The rate influences borrowing costs for mortgages, credit cards ...

The Fed typically cuts rates by just a quarter of a point, though during emergencies it has opted to go big. For instance, in early 2008 the Fed slashed interest rates by three-quarters of a point ...

Bloomberg’s Kate Davidson joins host David Gura to discuss this turning point for the economy, and what else Fed policymakers have in store for the future. Further listening: What a September Cut ...

(Bloomberg) -- Never miss an episode. Follow The Big Take daily podcast today. Most Read from Bloomberg Pipeline Fire Near Houston Forces Some Residents to Evacuate Housing’s Worst Crisis in ...

If all goes as the markets expect on Wednesday, the Federal Reserve will lower interest rates for the first time since the onset of the covid-19 pandemic. Though the move is widely anticipated ...

Hotter-than-expected readings on consumer prices — and on some wholesale prices — this week led markets to price in a higher likelihood that the Federal Reserve will opt for a smaller ...

After benign inflation data and initial jobless claims were released earlier this week, investors have turned their attention to the Federal Reserve. Fed Chairman Jerome Powell is set to announce ...