Four-plus years passed without an interest-rate cut from the Federal Reserve. That changed Wednesday when the Fed lowered rates by an unexpectedly large 0.5%.Investors'...
By Lewis KrauskopfNEW YORK (Reuters) - As the Federal Reserve kicks off a long-awaited rate cutting cycle, some investors are wary that richly valued...
Here’s a puzzle for market watchers: Hours after the Federal Reserve cut interest rates Wednesday for the first time since 2020, mortgage rates ticked...