Tag: rate
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Fed cuts rate by a quarter point
WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one...
Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at...
Fed rate decision November 2024:
WASHINGTON — The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing...
Fed rate cuts should favor preferred stocks, Virtus fund manager says
One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren't as risky as common...
David Tepper’s big bet after the Fed rate cut was to buy ‘everything’ related to China
Billionaire hedge fund founder David Tepper said his big bet after the Federal Reserve's rate cut was to buy Chinese stocks. "I thought...
