Gold scales record peak on bets of another big Fed rate cut
Gold held steady after hitting an all-time high on Wednesday on hopes of another large U.S. rate cut as the spotlight shifted to Fed Chair Jerome Powell's comments and U.S. inflation data due later this week.
What’s Next After The Fed’s Big Interest Rate Cut?
Forbes’ expert contributors help explain what the Fed’s move means for investors, businesses, job seekers, home buyers and more.
The Fed Just Made a Pivotal Rate Cut. What Will It Do Next?
After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing costs, and how fast.
Fed rate cuts will put money in pockets, but a mood shift may take time
The public's mood is still marred by nearly two years of high inflation despite the pace of price increases declining dramatically, recent surveys suggest.
Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
The Fed’s rate cut had nothing to do with politics. That’s not holding politicians back
Jerome Powell, the unflappable Federal Reserve chair, would never march into a press conference, declare victory over inflation and drop the mic while giving a middle finger to his haters. That’s not his style.
BSP Chief Signals Two Philippines Rate Cuts in 2024 After Fed
Philippine central bank Governor Eli Remolona said two more rate cuts are possible this year, signaling a more aggressive easing cycle after the US Federal Reserve’s outsized reduction.
Gold touches record high on rate-cut bets, weaker US dollar
Gold hit a record high on Wednesday, boosted by a softer U.S. dollar and hopes of more interest rate cuts, while investors looked for new signals for the Federal Reserve's interest rate trajectory. Spot gold was steady at $2,
Goldman Sachs shifts view on economy, Fed rate cuts
The median forecast of Fed officials calls for about another half-point of easing this year and another full point next year. Falling rates have mixed implications for you. On the plus side, they mean lower payments on your mortgage,
Investors should still keep emergency funds liquid after the Fed's interest rate cut, advisor says
Despite falling rates, investors should still keep emergency funds "liquid," meaning the cash can be easily accessed, ...
Fed's rate cut offers limited relief for US factories facing China competition
"What the Fed can do is create expectations for short-term growth with a rate cut, which is powerful," said Cliff Waldman, ...
Following Fed Rate Cut, Attention Turns to Fresh Data as Polls Shows Economy Boosting Kamala Harris
The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...
Good News for the Stock Market: The Fed Believes Its Jumbo Rate Cut Was a 1-and-Done
Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.
Lone Fed dissenter worried bigger rate cut would send signal of 'economic fragility'
Fed governor Michelle Bowman elaborated in a speech Tuesday about her dissent from last week's jumbo rate cut, saying that ...
What the Fed’s rate cut could mean for you
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch ...
5-year Treasurys tend to beat cash after first Fed rate cut, this chart shows
For investors considering moving out of cash now that the Federal Reserve has started cutting interest rates, returns from ...