Tag: the Federal Reserve
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JPMorgan’s Jamie Dimon downplays Fed rate cuts: ‘It’s a minor thing’
JPMorgan Chase CEO (JPM) Jamie Dimon is one big Wall Street figure who isn't that concerned about what the Federal Reserve does at the...
Explainer-What does a Fed rate cut mean for American households?
By Lindsay Dunsmuir and Ann Saphir(Reuters) - The Federal Reserve is set to cut U.S. short-term borrowing costs on Wednesday, a watershed moment that...
5 ways the Fed’s rate cuts will affect workers and consumers
The Federal Reserve is widely expected to start cutting interest rates this week, marking an inflection point in the economy.The move is expected to have...
Dalio downplays Fed’s next move as investors warn of China risks
(Bloomberg) — The size of the Federal Reserve’s interest rate cut this week won’t be a game changer for global investors, though risks from...
Retail sales top Wall Street estimates in August
Retail sales surpassed Wall Street's estimates in August, as investors keep a close eye on any signs of a slowdown in consumer spending. The...