Gold pushes to new record, silver pops 2.5%, with Fed rate cut seen as bullish
Gold futures climbed to a fresh record high Thursday a day after the Federal Reserve launched its monetary easing cycle with ...
The Fed Rate Cut, Puncturing The Phillips Curve Myth
The echo chamber of prominent economists have tried over the years to fit the Phillips curve to reality. Ditch the Phillips ...
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
What does the interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
Global investors brace for turmoil as big Fed cut sows confusion
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...
Fed's Powell: policymakers noted 'artificially high' jobs data, revisions in rate cut decision
Fed Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the ...