Browsing: cut

Federal Reserve Gov. Christopher Waller.Bloomberg News Federal Reserve Gov. Christopher Waller said he is in favor of a 25 basis point cut in September, and urged…

Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. A trio of central…

Traders work on the floor of the New York Stock Exchange on Aug. 22, 2025, in New York City. Spencer Platt | Getty ImagesFriday’s booming rally…

Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more work to do on inflation.Speaking to…

It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But…

Fun shouldn’t come with a financial hangover. But in 2024, the average American spent more than $3,600 on entertainment and an average of $3,200 on dining…

Rick Rieder, BlackRock’s chief investment officer for global fixed income, is sticking with his call for a jumbo rate cut from the Federal Reserve next month after…

The impact of Trump-era tariffs on goods and services is starting to trickle through the economy, but for now, the effect on inflation appears minimal, raising…

A couple of weeks ago, Dow (NYSE: DOW) cut its dividend in half due to a “prolonged industry downturn” and “to provide additional financial flexibility.” That’s…

Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their decisions Friday, both indicating that the central bank…