interest rates – Page 6 – One America News Network

A woman passes by the Dolce and Gabbana store on 5th Avenue in New York City, U.S., May 24, 2021. REUTERS/Brendan McDermid/File Photo

US consumer confidence ebbs in September on labor market fears

U.S. consumer confidence unexpectedly fell in September amid mounting worries over the health of the labor market.

Video still from Real America on One America News Network showing a split screen of the host on the left side, and on the right side is the guest, Peter Schiff.

Feds Lower Interest Rates By Half Point

with Peter Schiff

NEW YORK, NEW YORK - SEPTEMBER 18: Traders work on the floor of the New York Stock Exchange on September 18, 2024 in New York City. The Federal Reserve is expected to announce its first interest rate cut since March 2020. (Photo by Stephanie Keith/Getty Images)

Wall Street: Dow Skyrockets To All-Time High After Fed Delivers Rate Cut

Wall Street had another big day with the Dow and S&P 500 hitting another intraday record high, just a day after the Federal Reserve cut interest rates by half-a-percentage point and forecasted that more cuts could be coming.

A trader works on the trading floor at The New York Stock Exchange (NYSE) following the Federal Reserve rate announcement, in New York City, U.S., September 18, 2024. REUTERS/Andrew Kelly

Wall St jumps with tech stocks in the lead after Fed kicks off easing cycle

Wall Street rallied on Thursday with the S&P 500 hitting another intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction.

US Federal Reserve chairman Jerome Powell holds a press conference in Washington, DC, on September 18, 2024. The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the pandemic, sharply lowering borrowing costs shortly before November's presidential election. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

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.

NEW YORK, NEW YORK - MARCH 10: A person shops for groceries at Lincoln Market on March 10, 2022 in the Prospect Lefferts Garden neighborhood of Brooklyn borough in New York City.The Labor Department reported that consumer inflation rose 7.9% over the past year, the largest rise since 1982, raising the prices of gas and consumer goods. Grocery costs rose to 8.6%, the biggest year-over-year increase since 1981, and gas prices increased 38% all within a 12 month period ending in February. (Photo by Michael M. Santiago/Getty Images)

Report: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From Fed

Inflation rose once again in the month of August, causing stir from an outsize rate cut from the Federal Reserve when it meets next week.