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Huge increases in wealth and debt levels prevents the Fed from cutting rates as much as it wants, Larry Summers said.

"What the Fed can do is create expectations for short-term growth with a rate cut, which is powerful," said Cliff Waldman, ...

Fed governor Michelle Bowman elaborated in a speech Tuesday about her dissent from last week's jumbo rate cut, saying that ...

The Fed's move to lower interest rates by 50 basis points puts the U.S. economy on track for a soft landing, according to ...

The reaction to the rate cut has been positive across the soft landing checklist. Odds of avoiding recession are higher ...

The public's mood is still marred by nearly two years of high inflation despite the pace of price increases declining ...

Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday said he supported the U.S. central bank's recent ...

The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come ...

The stock is now trading 20.4% above the 14-year closing low of $18.89 on Sept. 6. That puts the stock on track for its first ...

The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...

Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.