rate

Economy: Rate Cut and Market Top

August 1, 2024, 12:25 pm EDT Rate Cut and Market Top Historically, rate cuts occur at the top of the stock markets. Yesterday, Federal Reserve Chairman Jerome Powell mentioned the interest rate (Fed F...

Economy: Fed Wanted to Catch Up

June 15, 2022, 4:50 pm EDT Fed Wanted to Catch Up Fed wanted to catch up with the pace of inflation so it added 75 basis points or 0.75 percentage points of the Fed Fund Rate to a 1.5-1.75% level. Obv...