But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic ...
Top strategist David Kelly warns of the hidden dangers of a jumbo-sized rate cut after the Fed's recent decision.
On Wednesday, the Federal Reserve lowered its benchmark interest rate by half a percentage point. The action will take the ...
On Wednesday, the Fed broke with precedent and cut its policy interest rate by 0.5 percentage point instead of the usual 0.25 ...