After nine months of holding its key interest rate steady, the Federal Reserve is widely expected to announce a rate cut after its two-day September meeting. The central bank’s decision, to be ...
The Federal Reserve Open Market Committee on Wednesday decided to cut the central bank’s key overnight lending rate by a quarter of a percentage point, its first cut in nine months. Given the Fed’s ...
Molly Grace is a staff money writer at Buy Side covering banking, home equity, investing, mortgages, retirement savings, taxes and budgeting. Staff Personal Finance Editor, Buy Side Valerie Morris is ...
U.S. inflation accelerated modestly in August, offering some leeway for the Federal Reserve to cut interest rates at its September meeting. Consumer prices rose an annual 2.9% in August, the Labor ...