The Federal Reserve cuts interest rates for the first time in 4 years; and the Teamsters Union declines to endorse a presidential candidate for the first time since 1996. One America’s Zach Petersen has The Scoop.
Read More The Scoop 9/18/24
Tag: Federal Reserve
Federal Reserve Meets, Decides To Cut Interest Rates Before 2024 Election
At their meeting on Wednesday, the Federal Reserve cut its benchmark interest rate by a half percentage point, satisfying investors who had been expecting a strong move given the weakening employment picture.
Read More Federal Reserve Meets, Decides To Cut Interest Rates Before 2024 Election
Fed Cuts Interest Rates By 0.5%; First Cut In Four Years
The Federal Reserve cut interest rates by 0.5% for the first time since 2020. This move comes after inflation dropped to 2.5% from 9.1% and follows a revision showing nearly one million fewer jobs added than initially reported.
Read More Fed Cuts Interest Rates By 0.5%; First Cut In Four Years
Wall St subdued as investors await Fed decision with bated breath
Wall Street’s main indexes were flat as investors stepped onto the sidelines ahead of the Federal Reserve’s highly anticipated first interest rate cut in more than four years.
Read More Wall St subdued as investors await Fed decision with bated breath
The Week Ahead 9/16 – 9/27
President Trump launches a new cryptocurrency of his own; and the Federal Reserve might finally make interest rate cuts. One America’s Zach Petersen has The Scoop on the Week Ahead.
Read More The Week Ahead 9/16 – 9/27
US import prices post largest drop in eight months
Import prices dropped by the most in eight months in August, suggesting that domestic inflation will continue to subside in the months ahead.
Read More US import prices post largest drop in eight months