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benchmark rate

Asian stocks follow Wall Street’s rate-cut rally higher, as BOJ stands pat

HONG KONG (AP) — Asian stocks surged on Friday with Japan’s Nikkei leading regional gains after Wall Street romped to records following the Federal...

S&P 500, Nasdaq jump as markets digest Fed’s big rate cut: Yahoo Finance

The Dow Jones Industrial Average, S&P 500, and Nasdaq are set to recoup Wednesday’s losses. All three of the major indexes closed lower after...

The Federal Reserve is finally lowering rates. Here’s what consumers should know

NEW YORK (AP) — The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans,...

US inflation likely fell further last month as Fed prepares to cut rates next week

WASHINGTON (AP) — Inflation in the United States may have hit a three-year low in August, underscoring that the rate of price increases is...

Sluggish US jobs report clears the way for Federal Reserve to cut interest rates

WASHINGTON (AP) — Hiring by America’s employers picked up a bit in August from July’s tepid pace, and the unemployment rate dipped for the...

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