Powell: 'The time has come' for rate cuts
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Financial Times - World
FirstFT: Fed easing cycle begins as focus moves to protecting jobs
Also in today’s newsletter, Hizbollah reels after twin attacks, and JPMorgan appoints ‘wellbeing’ tsar26 minutes ago -
CNBC - Business
CNBC Daily Open: Markets need time to digest the 50-point cut
Fed Chair Jerome Powell spent a big portion of the post-meeting press conference massaging sentiment.3 hours ago -
MarketWatch - Business
‘I had 3 offers over 11 months’: With the Fed’s 50-basis-point cut, will I finally sell my house?
“It’s a momentous moment. Interest rates are finally declining.”4 hours ago -
MarketWatch - Business
After Fed’s 50-basis-point rate cut, where should I invest $50,000? I’m 38 — and have a high risk tolerance.
The U.S. Federal Reserve made its biggest cut to the benchmark rate in 16 years on Wednesday.4 hours ago -
Financial Times - Business
Fed cuts rates by half a point and signals era of easing has begun
US central bank’s decision marks milestone in two-year fight against inflation5 hours ago - Federal Reserve -
ESPN - Sports
'That cut was deep': After a bitter parting, Tennessee coach Josh Heupel comes home to Oklahoma
Heupel leads Tennessee into Oklahoma (7:30 p.m. ET Saturday on ABC/ESPN+), where he quarterbacked the Sooners to a national championship as a player before being dumped as a coach.6 hours ago -
MarketWatch - Business
How low could mortgage rates go now that the Fed has finally started cutting? Economists weigh in.
Here’s what the Federal Reserve’s interest-rate cut means for mortgage rates.6 hours ago - Mortgage -
Financial Times - World
Why the Fed opted for the big rate cut
As US inflation eases, the central bank is now focused on its other mission: protecting jobs6 hours ago - Federal Reserve -
CBS News - Top stories
Why the Fed cut interest rates for the first time in 4 years
The Federal Reserve cut interest rates by half a percentage point Wednesday after introducing several rate hikes throughout the pandemic. Martin Baccardax, chief markets correspondent for ...10 hours ago - Federal Reserve -
The New York Times - Business
Fed Cuts Interest Rates for First Time in Four Years
Fed officials kicked off rate cuts with a half-point reduction, confident that inflation is cooling and eager to keep the job market strong.11 hours ago - Federal Reserve -
Inc. - Business
Rate Cut Could Bring Relief to Borrowers
The interest rate reduction could mean lower monthly payments or refinancing higher-interest debt for borrowers.12 hours ago -
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 & ...12 hours ago - Federal Reserve -
CNBC - Business
Powell downplays impact of rate cut on Trump-Harris presidential race
Vice President Kamala Harris and former President Donald Trump are each fighting to persuade voters they are best candidate for the U.S. economy.12 hours ago - Donald Trump -
The New York Times - Top stories
The Evening: The Fed’s Big Rate Cut
Plus, tonight’s premiere of “The Golden Bachelorette.”12 hours ago -
The Hill - Politics
Powell pushes back on suggestion Fed got behind in rate cuts
The Federal Reserve cut interest rates by a half-percentage point Wednesday and is projecting another half-percentage point cut over the course of its remaining two meetings this year, signaling a ...13 hours ago - Federal Reserve -
The Guardian - World
Federal Reserve cuts US interest rates for the first time in four years
Central bank makes cuts after holding rates at two-decade high in aggressive bid to cool inflation. What will a Federal Reserve interest rate cut mean for you? The US Federal Reserve cut ...13 hours ago - 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 ...13 hours ago - 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 ...14 hours ago - Federal Reserve -
The New York Times - Business
Central Banks Around the World Are Cutting Rates
Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.14 hours ago -
ABC News - Top stories
Federal Reserve cuts interest rates for 1st time since 2020
"The time has come for policy to adjust," Fed Chair Jerome Powell said last month.15 hours ago - 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.15 hours ago - Federal Reserve -
NBC News - Top stories
Powell speaks on Federal Reserve decision to cut interest rates
After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and has made significant progress over the past two years. He noted that the ...15 hours ago - Federal Reserve -
NBC News - Top stories
Federal reserve cuts interest rates by 0.5%
The Federal Reserve announced it's cutting interest rates for the first time since the beginning of the Covid-19 pandemic. The rates will be reduced by half a percentage point in effort to cushion ...16 hours ago - Federal Reserve -
CBS News - Top stories
Is a CD still worth it now that the Fed has cut rates?
Are CD accounts still valuable with interest rate cuts? Here are three reasons why they're still worth opening.16 hours ago - Federal Reserve -
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 ...16 hours ago - Federal Reserve -
CBS News - Top stories
Interest rates expected cut from Federal Reserve
The Federal Reserve is expected to announce the first interest rate cut since 2020. CBS News business analyst Jill Schlesinger breaks down what economists predict may occur during today's ...16 hours ago - Federal Reserve -
CBS News - Top stories
Fed likely to cut interest rates, but size of cut unclear
The Federal Reserve is expected to cut interest rates Wednesday for the first time in four years, but how big could the cut be? CBS News contributor Javier David has a preview of the decision.19 hours ago - Federal Reserve -
Financial Times - Business
The market looks ahead to the Fed’s rate cut
Investors are betting on 50 basis points and expect a soft landing for the economy20 hours ago -
The New York Times - Top stories
An Interest Rate Cut
We explore the politics of today’s Fed announcement.23 hours ago -
CNBC - Business
What a Fed rate cut could mean for the world
From currencies and commodities; equities to bonds — global markets are braced for the first rate cut by the Federal Reserve this week.Yesterday - Federal Reserve -
NBC News - Top stories
A Fed rate cut is coming. How big is anyone's guess.
The Federal Reserve is poised to cut its key interest rate Wednesday, the first time since the onset of the Covid-19 pandemic that it has pushed it lower.Yesterday - Federal Reserve -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grownYesterday -
The Guardian - World
Melania Trump has a memoir coming out – and she's acting pretty strangely | Arwa Mahdawi
There has been surprisingly little fanfare about the book, which is being published next month. Is the former first lady about to reveal all?. There’s something weird going on with Melania Trump. I ...Yesterday - Donald Trump -
The New York Times - Lifestyle
Over the Years, He Has Come to Love Watches
Yves Bugmann, president of the Federation of the Swiss Watch Industry, learned about the business as a young man and now has a collection. “All Swiss, of course!”September 11