Adriana Kugler, one of the seven members of the Fed’s governing board, reinforced the central bank’s independence from political influence, describing it as essential for a stable economy. Kugler ...
The Federal Reserve delivered its second interest rate cut in a row to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.
The Canadian dollar sank below 71 cents U.S. Friday for the first time since mid-2020, breaching a level that some analysts see as a “psychological barrier” and bringing a sub-70 cent loonie closer ...
Types of Stocks to Add if Interest Rates Decline When the Federal Reserve slashes its benchmark rate, as it did Nov. 7, stocks in interest-sensitive sectors often see a boost. Lower rates make ...