Most Gulf bourses fall on Fed's rate-cut caution; Egypt extends loss
Most stock markets in the Gulf ended lower on Monday, hurt by concerns that the U.S. Federal Reserve would slow its pace of ...
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Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
What the Fed rate cut means for mortgage interest rates
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
The Fed's biggest challenge has become the 'Sasquatch of the financial world'
The "neutral rate" of interest is something most economists and Fed officials are convinced exists, but it has never been ...
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.