Tag: Federal Reserve
Fed's Powell says 'time has come' to begin cutting interest rates
Federal Reserve Chair Jerome Powell sent a straightforward message to markets in a key speech on Friday, saying "the time has come" for...
Treasury Yields Rise Sharply as Data Rules Out Big Rate Cuts
(Bloomberg) -- US Treasury yields surged after resilient US economic data prompted traders to lower their expectations of aggressive Federal Reserve interest-rate cuts...
How to shield your money from the stock market downturn
Stock markets have plummeted as traders fear a potential recession in the US. Weaker than expected jobs and manufacturing figures in the US...
Stock market news today: S&P 500, Nasdaq futures climb as Fed delivers and Meta jumps
US stocks were poised to resume their rally on Thursday, as upbeat Meta (META) results put earnings center stage again after the Federal...
3 Ways Americans’ Financial Situations Are Changing — and 3 Steps To Improve Yours
More Americans feel as if their financial situations are getting worse rather than better. Last year, 31% of Americans felt worse than a...
Key U.S. mortgage rate drops to lowest since March, Freddie Mac says
By Makailah GauseNEW YORK (Reuters) - The average interest rate on the popular U.S. 30-year fixed-rate mortgage fell to its lowest level since...