Monday, August 10, 2020
Tags Interest rates

Tag: interest rates

Explained: The extraordinary rate cut by the US Federal Reserve

Brandishing an array of financial weapons, the Federal Reserve announced extraordinary action Sunday to try to blunt the heavy damage the coronavirus outbreak has...

Donald Trump congratulates Fed for rates cut, calls action ‘terrific’

"It's really good news. It's great for the country," Trump, who had publicly pressed the Fed to slash rates to boost the economy during...

Powell says the Fed doesn’t see negative rates as ‘appropriate’ policy...

Federal Reserve Chairman Jerome Powell said Sunday that it's unlikely that central bank will entertain negative interest rates as the next step to help...

How much you need to save every month to earn $75,000...

About half of U.S. workers plan to use personal savings as their primary source of income during retirement. A 2019 study by the Transamerica...

The stock market is going to come ripping back quickly, says...

Global investor Barry Sternlicht told CNBC on Friday he expects the stock market to mount a fast recovery once the worst of the coronavirus...

El-Erian: Market looks ‘less scary’ as stocks set to rebound from...

Economist Mohamed El-Erian told CNBC on Friday he expects trading on Wall Street to remain "choppy" but suggested that he may be starting to...

5 things to know before the stock market opens Friday the...

Dow futures, reversing overnight losses, were pointing to about a 1,00-point advance at Friday's open after Wall Street suffered its worst session since the...

Powell says the Fed would need to see a ‘really significant’...

Federal Reserve Chairman Jerome Powell said Wednesday that the central bank would need to see a sustained and significant uptick in price pressures before...

The Fed slashes interest rates for 3rd time since financial crisis...

The Federal Reserve lowered borrowing costs Wednesday for the third time since the financial crisis as policymakers sought to insulate the longest expansion on...

The Federal Reserve Cut Rates Again; Here’s What That Means For...

The Federal Reserve cut rates again. Here's what it means for you.Getty The Federal Open Market Committee decided to cut the federal funds rate...