After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength
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The New York Times - Business
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic recession.2 hours ago - Joe Biden -
Financial Times - Business
S&P 500 closes at record high after Fed makes jumbo cut to US interest rates
Global stocks rally as investors bet that the central bank’s move will support US economic growth2 hours ago - Federal Reserve -
CNBC - Business
Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point
Cryptocurrencies rose during a broad market rally Thursday, one day after the Federal Reserve delivered a large interest rate cut.3 hours ago - Crypto -
MarketWatch - Business
Mortgage rates went up right after the Fed cut interest rates. Here’s why.
Mortgage rates inched up even though the Federal Reserve cut interest rates. Experts explain why this is a short-lived phenomenon.3 hours ago - Mortgage -
MarketWatch - Business
Oil prices rise after Fed delivers big interest-rate cut
Oil futures ended higher Thursday, a day after the Federal Reserve delivered a large interest-rate cut and set the stage for further easing of monetary policy.3 hours ago - Federal Reserve -
The New York Times - Top stories
The Fed Rate Cut Was a Tough Call That’s Good For Our Economy
The agency’s bold decision to cut its policy interest rate significantly affirms its commitment to keep the labor market strong.4 hours ago - Federal Reserve -
CNBC - Business
U.S. crude oil rises more than 1% after Fed cuts rates, Israel-Hezbollah tensions escalate
The U.S. benchmark has recouped its losses for the year.4 hours ago - Federal Reserve -
CNBC - Business
Wall Street hits records — here are the winners and the losers after the Fed rate cut
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.4 hours ago - Federal Reserve -
The New York Times - Business
Should You Refinance Your Mortgage After the Fed’s Interest Rate Cut?
People who bought homes in the past two years may want to seek a lower interest rate. Here’s how to think it through — and how to shop.5 hours ago -
MarketWatch - Business
After Fed rate cut, the next 6 months will be crucial for investors. Here’s why.
“There still are opportunities here,” Erik Aarts at Touchstone Investments said.5 hours ago - Federal Reserve -
The New York Times - Business
Stocks Rally a Day After Fed’s Big Interest Rate Cut
The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a ...6 hours ago -
CBS News - Top stories
How the Fed rate cut can help you tackle credit card debt
The Fed's rate cut won't necessarily slash credit card interest rates, but it could help you get rid of your card debt.6 hours ago - Federal Reserve -
The New York Times - Business
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.7 hours ago - Federal Reserve -
MarketWatch - Business
Stocks need to hold any gains after the Fed rate cut or the S&P 500 is at risk
Market giving mixed signals; new trading positions include Airbnb.9 hours ago - Federal Reserve -
The Hill - Politics
Biden to give 'declaration of progress' to economic club after Fed cuts
President Biden is set to give remarks at the Economic Club of Washington, D.C., on Thursday, during which he will give a “declaration of progress” a day after the Federal Reserve slashed interest ...14 hours ago - Joe Biden -
CBS News - Top stories
Biden economic adviser unpacks Fed interest rate cut
The Federal Reserve reduced its benchmark interest rate for the first time in more than four years on Wednesday. The move will directly impact the finances of millions of Americans. Jared ...Yesterday - Joe Biden -
The Hill - Politics
Fed goes bold with rate cut
Welcome to The Hill's Business & Economy newsletter, where we have the latest on the Federal Reserve's rate cuts and the Teamsters' endorsement news. {beacon} Business & Economy Business & ...Yesterday - Federal Reserve -
The New York Times - Top stories
The Evening: The Fed’s Big Rate Cut
Plus, tonight’s premiere of “The Golden Bachelorette.”Yesterday -
MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...Yesterday - Federal Reserve -
MarketWatch - Business
Bitcoin stays above $60,000 after Fed’s jumbo rate cut. Here’s what to watch next.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.Yesterday - Crypto -
MarketWatch - Business
Oil futures trim losses after fall in U.S. crude inventories, Fed rate cut
Oil futures trimmed losses Wednesday, after government data showed U.S. crude inventories fell last week and the Fed delivered a half-point rate cut.Yesterday - Federal Reserve -
The New York Times - Business
Fed Announces Big Rate Cut
“We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates ...Yesterday - Federal Reserve -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...Yesterday - Federal Reserve -
CNBC - Business
How Fed rate cuts affect the global economy
Federal Reserve interest rate decisions can influence the trajectory of the U.S. economy and create spillover effects in parts of the global financial system.Yesterday - Federal Reserve -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.Yesterday - Federal Reserve -
The New York Times - Business
Fed’s Interest Rate Cut Would Cap a Winning Streak for Harris and Biden on Prices
Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race.Yesterday - Joe Biden -
The Hill - Politics
Watch live: Fed Chair Jerome Powell speaks on interest rates, economy
Federal Reserve Chair Jerome Powell is expected to announce the first interest rate cuts by the central bank in more than a year on Wednesday afternoon. The Federal Open Market Committee (FOMC) has ...Yesterday - Federal Reserve -
CBS News - Top stories
Here's how a Fed rate cut could impact your credit card balance
The Federal Reserve is poised to lower interest rates on Wednesday. Here's how that would impact people with credit card balances.2 days ago - Federal Reserve -
CBS News - Top stories
What will happen to gold prices after the Fed cuts rates?
Here's what you can expect to happen to the price of gold after the Fed rate cut happens this week.2 days ago - Federal Reserve -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.2 days ago - Federal Reserve