|
Interest rate cuts can't fix America's "structural housing shortage," Fed chair Jerome Powell said.
|
|
NPR's Michel Martin speaks with Mark Zandi, chief economist at Moody Analytics, about the Federal Reserve's decision to cut interest rates and what it means for consumers.
|
|
Cruise stocks led the market higher Thursday, and shares of other travel companies also rallied, as the Fed's rate cut helped boost the prospects of consumer spending on vacations.
|
|
Main Street shops are struggling to stay afloat, even with the holiday shopping season in full swing.
|
|
The Federal Reserve voted to cut interest rates Wednesday by another quarter percent, in an effort to prop up a sagging job market. Fed officials warned they'll be cautious about more cuts in 2026.
|
|
Three members of the Federal Open Market Committee didn't agree with the central bank's quarter percentage point cut on Wednesday.
|
RELATED ARTICLES | | |
|
The central bank cut interest rates by a quarter of a percentage point, seeking to steady a softening labor market.
|
|
The Fed approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises.
|
|
Trump said he will be going to China in April, followed by a trip by Xi to the U.S. without specifying a timeline.
|
|
