The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation and signaling welcome relief for borrowers.
In a widely expected move, the Federal Reserve lowered interest rates this week. It reduced the federal funds rate by 0.5%, ...
But the money supply is finally growing again, and its growth is accelerating. In April and May, the M2 money supply grew 0.6% year over year. That climbed to 1% in June and 1.3% in July.
U.S. stock futures trended lower early Friday following the stellar rally in major indices yesterday, triggered by the ...