The Fed Rate Cut, Puncturing The Phillips Curve Myth
The echo chamber of prominent economists have tried over the years to fit the Phillips curve to reality. Ditch the Phillips ...
Home sales slumped in August. But they’re poised to soar after the Fed finally cut interest rates
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
US homebuilder stocks surge on hopes for demand boost after Fed rate cuts
Shares of major U.S. homebuilders rose in early trading on Thursday as the Federal Reserve's rate-cut cycle is expected to ...
What's next after the Fed's interest rate cut, the House rejects government funding bill, and 'The Golden Bachelorette' premieres
The Federal Reserve cut interest rates by half a percentage point yesterday. It’s the first time the central bank has reduced ...
Philadelphia Fed’s factory gauge moves back into growth territory in September
The numbers: The Philadelphia Fed said Thursday its gauge of regional business activity rose to 1.7 in September from ...
Bitcoin Price Tops $60,000. Why the Fed’s Rate Cut Matters More than Donald Trump.
The central bank’s decision to slash interest rates by a half point is lifting risk-on assets, including Bitcoin and other ...