Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair Jerome Powell said officials made that decision to keep the US economy in its ...
It may not have been a surprise, but the interest rate cut the Federal Reserve issued on Wednesday was still a welcome development for millions of Americans. In the first reduction since December 2024 ...
The minutes of the Federal Reserve's policy meeting last month show that the path for interest rate cuts in December and early next year is far from certain. Policymakers on the Federal Open Market ...
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