FTSE 100 closes higher on Fed rate cut hopes; UK budget looms

London's FTSE 100 recovered ground on Friday, trimming earlier losses as increased expectations for Federal Reserve interest ...
Finance & Commerce

Fed cuts interest rate again amid slow hiring, high inflation

WASHINGTON — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. “Job gains ...
InsuranceNewsNet

Las Vegas real estate leader: Why mortgage rates climbed after the fed cut interest rates

When the Federal Reserve cuts interest rates, shouldn't mortgage rates follow? Mortgage rates moved in the opposite direction late last month, increasing 0.2 points the day after Federal Reserve ...
The Daily Record (Maryland)

Fed cuts key rate yet Powell says future reductions are not locked in

WASHINGTON — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed ...

Fed rate cut uncertainty surges after BLS cancels October jobs report and delays November data

The US Bureau of Labor Statistics will not release its October jobs report. The November jobs report is delayed to December ...

Low unemployment alone not enough to justify Fed rate hikes, Clarida says

The Federal Reserve's new approach to monetary policy means a low unemployment rate on its own doesn't warrant higher ...