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Fed slashes rates by a half-point – what that means for the economy and the presidential election

YoopyaSep 23, 2024September 23, 20240

In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest rate by half a percentage point to

Markets want Fed to save them. Why its tools might not work.

YoopyaMar 1, 2020June 15, 20230

As stocks around the world tumble on worries about a fast-spreading virus, investors have been clamoring for the superheroes of the financial world to ride

Near Fed majority backs June liftoff Yellen hasn’t yet endorsed

YoopyaMar 2, 2015July 3, 20230

(Reuters) – Janet Yellen’s premium on consensus may lead to a Federal Reserve decision the chair hasn’t yet endorsed, as a near majority aligns in

Economy: Janet Yellen’s moment

YoopyaMar 18, 2014September 16, 20230

When Janet Yellen chairs her first meeting of the Federal Open Market Committee Tuesday and Wednesday, she will be presented with a once-in-a-generation opportunity that

Yellen set to move closer to confirmation as next Fed chair

YoopyaNov 21, 2013March 3, 20240

(Reuters) – Janet Yellen will take an important step on Thursday toward becoming the first woman to lead the U.S. Federal Reserve, with the Senate

Global Economy: No Halloween horrors in store from the Fed

YoopyaOct 28, 2013June 15, 20230

(Reuters) – Back in May and June, Federal Reserve Chairman Ben Bernanke played a trick on markets by sketching out a timetable for reducing the central bank’s

Obama nominates Yellen to succeed Bernanke at Fed

YoopyaOct 10, 2013March 17, 20240

WASHINGTON (AP) — In a history-making selection, President Barack Obama nominated Janet Yellen to be chairman of the Federal Reserve, a critical post as the

Fed easing hopes lift shares, weigh on dollar

YoopyaAug 23, 20120

(Reuters) – Signals from the U.S. Federal Reserve that another dose of stimulus measures could come “fairly soon” lifted global shares on Thursday and pushed