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Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
Most Gulf bourses fall on Fed's rate-cut caution; Egypt extends loss
Most stock markets in the Gulf ended lower on Monday, hurt by concerns that the U.S. Federal Reserve would slow its pace of ...
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
What the Latest Fed Rate Cut Means for Mortgage Interest Rates
When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a ...
October retail sales add further complexity to Fed rate cut bets
U.S. retail sales rose firmly again last month, Commerce Department data indicated Friday, suggesting consumer spending and ...