bond market for the week ending September 21, 2007. According to the report, both the municipal and Treasury markets showed continued weakness in the wake of the Federal Reserve on September 18, 2007, opting to lower the federal funds rate target 50 basis points to 4.75%.Sarchilli...
(Reuters) - For all the assertions that the pandemic and the inflation surge that followed it have put an end to the low-interest-rate era, key officials at the Federal Reserve and elsewhere still see a return to that world as a likely outcome down the road. The ...
Despite its half-percentage-point interest rate cut on January 3, 2001, the Federal Reserve must quickly make even deeper cuts to lessen the damage it has done to the economy. In each of the past two recessions, the Fed cut real interest rates by five to six percentage points before unemp...
David Tepper, founder and president of Appaloosa Management. David Orrell | CNBC Appaloosa Management's David Tepper said investors should believe the Federal Reserve when it says it will lower interest rates because the central bank has now to keep cre...
Inflationhas been a persistent problem since the Covid-19 pandemic, when price increases soared to their highest levels in more than 40 years. TheFederal Reserve— which sets interest rates — responded with a series of rate hikes to effectivelypump the brakes on the economyin an effort to ...
The money supply in the United States fluctuates based on the actions of the Federal Reserve and commercial banks. By the law of supply, theinterest rates charged to borrow money tend to be lower when there is more of it. How Interest Rates Are Set: The Fed's New Tools Explained ...
WASHINGTON, June 28 (Xinhua) -- The U.S. Federal Reserve is scrambling to tamp down inflation via the most powerful interest rate hikes in decades, which are likely to increase unemployment and the cost of borrowing, and both could disproportionately harm the working class and lower-income Am...
Here’s a quick quiz: If the Federal Reserve cuts interest rates, what direction will long-term bondyields take? 问个脑筋急转弯式的小问题:美联储如果降息,长期限美国国债的收益率会往何处去? If you said “lower,” you’re in good company—but very possibly incorrect. Counter-intuitive as it...
WASHINGTON, Sept. 18 (Xinhua) -- The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market, marking the first rate cut in over four years. "The Committee has gained greater confidence that inflation is moving sustainably...
Federal Reserve chair Jerome Powell said outright on Wednesday what financial markets had already guessed: If the economy continues on its current trajectory, lower interest rates are likely coming in September. At a press conference following the Fed’s decision to hold itsbenchmark fed funds...