American Banker12d
Fed rate cut draws applause—and caution—from bankers
Bank executives and industry advocates welcomed the Federal Reserve's interest rate reduction but warned that careful ...
Federal Reserve cuts interest rates by a quarter point
The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before ...
American Banker10d
Weak October jobs report gives Fed ammo for rate cut
Initial employment data shows virtually no job growth in October. With the Federal Reserve's focus on the labor market, the ...
Fed Cuts By 25 Bps, To 4.75% Top Of Range, As Telegraphed To Backpedal From Monster Cut
FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis points, after the 50-basis point cut at ...
USD/CAD holds steady above 1.3850 as Fed cuts its rates, eyes on Canadian employment report
USD/CAD trades flat around 1.3860 in Friday’s early Asian session. The Fed decided to cut the interest rate by a quarter ...
Fed cuts rates by 25bp, as expected
However, the decision to reduce the target range for the Fed funds rate by 25 basis points to 4.5-4.75% was unanimous, unlike ...
GBP/USD holds below 1.3000 after BoE/Fed rate decision
The Fed cuts interest rates by a quarter point at the November meeting, as widely expected.
Investors are counting on Jay Powell to keep Fed rate cut plans on track
The Fed is poised to cut rates by a quarter point this week despite some signs of stubborn inflation and mixed signals about ...