Browsing: cut

Mortgage rates had another winning day today on the eve of the big Federal Reserve rate decision.This one was kind of unexpected since there was no…

There’s a saying known as “sell the news,” in which traders position themselves on a well-known rumor, then unwind once the news hits.That rumor could be…

The stock market kicked off the historically tough month of September on a rocky note as Wall Street speculated about the magnitude of the Federal Reserve’s…

Well, summer is officially over and it is now September. And we’ve got a Federal Reserve meeting coming up in two weeks!It’s potentially a big one…

Federal Reserve Gov. Christopher Waller.Bloomberg News Federal Reserve Gov. Christopher Waller said he is in favor of a 25 basis point cut in September, and urged…

Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. A trio of central…

Traders work on the floor of the New York Stock Exchange on Aug. 22, 2025, in New York City. Spencer Platt | Getty ImagesFriday’s booming rally…

It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But…

Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more work to do on inflation.Speaking to…

Fun shouldn’t come with a financial hangover. But in 2024, the average American spent more than $3,600 on entertainment and an average of $3,200 on dining…