Federal Reserve

Business News

'Confidence and Commitment' or 'Old Demons?' Experts Are Divided Over the Fed's Decision to Cut Interest Rates

EY's chief economist and JP Morgan Wealth Management's head of investment strategy weighed in on the decision.

Business News

A Fed Rate Cut Finally Happened For the First Time in 4 Years. Here's How the Decision Will Affect Your Wallet.

The Federal Reserve gave its decision on Wednesday at 2 p.m. ET.

Business News

The August Jobs Report Didn't Live Up to Expectations — Here's What It Means For Interest Rates

Economists expected U.S. employers to add about 20,000 more jobs in August than reported.

Business News

U.S. Recession Fears Are 'Overstated,' According to EY's Chief Economist. Here's Why.

EY economists expect three rate cuts, each of at least 25 basis points (bps) or 0.25%, in September, November, and December, during the three remaining scheduled meetings of the year.

Business News

CPI Report: Inflation Hits 3-Year Low, Analysts Predict Fed Will Cut Rates Next Month

Wednesday's CPI report tracks inflation to its lowest point since early 2021.

Business News

Elon Musk Calls the Fed 'Foolish,' Says Agency 'Needs' to Lower Interest Rates

On Monday, the U.S. stock market plummeted after a global selloff and fears of a recession.

Business News

Federal Reserve Holds Interest Rates, Projects One Cut Before End of Year: 'Highly Attentive to Inflation Risks'

The news follows Wednesday morning's release of the latest CPI report.

Money & Finance

4 Things to Know About Credit Financing Your Business Following the 'Fed Pivot'

With cheap money behind us, you'll want to rethink how you finance your business

Leadership

Interest Rates Are Going to Drop This Year. Here Are 6 Ways Businesses Can Take Advantage When the Time Comes.

Opportunity is around the corner, so here's how you can make sure you're watching the right rates.

Business News

Millionaires Are Now the Norm for American Households, According to Latest Federal Reserve Survey

The average net worth of homeowners stood at $1.53 million in 2022.

Business News

Fed Raises Interest Rates to Highest Levels in 22 Years. How High Will Rates Go?

This is the 11th rate increase since March 2022, reflecting the Fed's efforts to control inflation.