Tag: percentage point
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Instant view: Fed slashes rates 50 bp in first easing since pandemic hit
(Reuters) - The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a...
Traders revive chance of half-point Fed cut with just days to go
(Bloomberg) — Traders are entertaining the prospect of a large Federal Reserve interest-rate cut once again, spurring a rally in US government bonds and...
The latest inflation report keeps the Fed on track for a quarter-point rate cut. Wall Street isn’t satisfied.
A fresh reading on consumer prices is likely to keep the Federal Reserve on track to cut interest rates next Wednesday by a quarter...