Tag: Economy
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Stock market plummets after Fed forecasts fewer rate cuts in 2025
U.S. stocks plummeted in one of their worst days of the year after the Federal Reserve forecast Wednesday it may deliver fewer shots of...
Fed cuts rate by a quarter point
WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that...
Here’s what’s different in the December 2024 statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in November.Text removed from the November statement...
How coffee badging became a revolt against return-to-office mandates
As the world transitions from the pandemic, Corporate America's evolving stance on remote work has given rise to an intriguing workplace trend: coffee badging."Coffee...
Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon
WASHINGTON -- Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past few...
