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While all eyes are on Donald Trump and Kamala Harris, one of the largest factors influencing the mood of American voters is playing out elsewhere. The Federal Reserve’s handling of inflation is souring the public on our economy, harming vulnerable A
Federal Reserve officials were divided over how much to lower interest rates in Septemberokebet, minutes from their last meeting showed, although most officials favored the large half-point rate cut that central bankers ultimately made. “Noting that
The moment consumers have been waiting for is finally here: The Federal Reserve cut its key interest rate by half a percentage point Wednesday. The rate now stands at about 4.9 percent, and some economists think it could fall another half a percenta
HONG KONG: Among those looking forward to the US Federal Reserve’s interest rate cuts, few are as anxious as Hong Kong’s property tycoons who are now dealing with sluggish home sales, empty office buildingswinner club, and mutinous tenants demanding
Inflation cooled in August, the latest sign of progress in the Federal Reserve’s yearslong fight to bring rapid price increases back under control. The Personal Consumption Expenditures index climbed by 2.2 percent from a year earlier, data released
President Biden on Thursday hailed the Federal Reserve’s move this week to begin cutting interest rates, casting it as a sign of America’s economic health and evidence that a national price surge has largely calmed down. It was an attempt to call a
You’re reading the DealBook newsletter.The most crucial business and policy news you need to know from Andrew Ross Sorkin and team. Get it sent to your inbox.Image Image The markets are rebounding after the Fed’s outsize interest-rate cut on Wednesda
Wyoming Senator Cynthia Lummis known for her pro-crypto stance, plans to propose that the Federal Reserve hold Bitcoin as a strategic reserve asset, akin to gold and foreign currenciesfreshbet, Fox News reported on July 24. The Republican senator, k
Gemini co-founder Tyler Winklevoss believes that Operation Chokepoint 2.0 “is alive and well” following the US Federal Reserve’s latest regulatory action against the crypto-friendly Customers Bank.cloudbet The Fed’s regulator
The Federal Reserve issued a cease and desist order to United Texas Bank (UTB) on Aug. 297xm, directing it to stop offering crypto services. The order follows an examination concluded by the Federal Reserve Bank of Dallas and the Texas Department of