The Federal Reserve cut interest rates this past week by a quarter of a percentage point. But where rates go from here is a coin toss, at best, given that Fed members’ latest forecasts diverge widely.
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 ...
It’s almost certainly the most closely scrutinized scatter chart in financial markets. Every three months since January 2012, the Federal Reserve has sent analysts scurrying by updating its “dot plot, ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...
Regional banks face pressure from rising auto loan delinquencies and fraud. Learn market impacts and what easing rates mean ...
Under presidential pressure and a lot of speculation, the Federal Reserve announced a quarter-point cut to the federal funds rate this week — the first Fed cut in nine long months. At the same time, ...
JPMorgan Chase, Citigroup, Wells Fargo and Bank of America, PNC Bank, N.A. and others announced a decrease in its prime lending rate to 7.25 percent, effective today, Sept. 18. As expected, the U.S.
The Fed meets 8 times a year to set monetary policy that affects how Americans borrow and save. Here's when its rate-setting ...
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The Federal Reserve cut its influential fed funds rate in its September meeting. Follow along with our live coverage and ...