Federal officials to cut interest rates by half-percent. What it means for Kentuckians
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point reduction. The CME FedWatch forecast tracker favored a half-point cut by a 55-45 margin at midday. (Earlier Wednesday, forecasters rated the probability of a half-point reduction even higher.)
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For all the nail-biting about the economy over the past year, investors had it easy: a 5% yield on short-term U.S. debt, one ...
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Biden clearly linked the aftermath of the pandemic – with shipping lanes clogged, goods scarce and people shut in and working ...
Republican presidential nominee Donald Trump on Wednesday promised to cap interest rates for credit cards, but a veteran ...
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