US jobless claims now at four-month low
The number of Americans filing for unemployment benefits fell to its lowest level in four months, reflecting renewed strength in…
Jerome Powell
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The Fed’s sharp rate cut may have been harder to predict than even the dissenters suggest
WASHINGTON (Reuters) – The Federal Reserve’s sweeping launch on Wednesday of what are expected to be more interest rate cuts…
Federal Reserve cuts interest rates by 0.50 percentage points, first cut since 2020
The Federal Reserve said Wednesday it was cutting its benchmark interest rate by 0.50 percentage point, marking the first reduction…
Peter Schiff Warns of ‘Freefall’ Economy, Calls Fed Pivot ‘Mistake’ — But Says One Asset Will ‘Explode’
Peter Schiff Warns of ‘Freefall’ Economy, Calls Fed Pivot ‘Mistake’ — But Says One Asset Will ‘Explode’ Since the U.S….
Asian stocks fall as geopolitical concerns undermine confidence
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks fell on Tuesday as investors fretted over an impending U.S. interest rate…
Dow Jones surges 462 points as stocks rebound after Powell signals upcoming rate cuts
Spencer Platt/Getty Images U.S. stocks jumped as Fed Chairman Jerome Powell signaled imminent interest rate cuts. Powell confirmed the accommodative…
Fed Chairman Defends Decision to Delay Interest Rate Cut
Fed Chairman Defends Decision to Delay Interest Rate Cut – CBS News Watch CBS News The Federal Reserve said Wednesday…