Tag: U.S. interest rates
Virus spread prompts Fed to cut rates in emergency move
WASHINGTON (AP) — The Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy...
Fed seen cutting rates twice more in 2019 before holding steady
WASHINGTON – United States central bankers will trim interest rates by a quarter percentage point next week, and again in December, before leaving the...
Fed’s Rosengren favors three more 2017 hikes to foil overheating
NEW YORK - Federal Reserve Bank of Boston President Eric Rosengren urged his policy-making colleagues to raise interest rates three more times this year and...
