1. Former Fed Chair Janet Yellen says she's in favor of an interest rate cut  CNBC
  2. Ex-Fed’s Yellen: Inclined for a 25 bps rate cut this week  FXStreet
  3. Former Fed Chief Yellen Endorses Quarter-Point Rate Cut This Week  The Wall Street Journal
  4. View full coverage on Google News
The U.S. central bank slashed its benchmark interest rate for the first time in more than a decade on Wednesday, reducing the cost of borrowing in an attempt to stimulate the world's largest economy.The U.S. central bank slashed its benchmark interest rate for the first time in more than a decade on Wednesday, reducing the cost of borrowing in an attempt to stimulate the world's largest economy.

First rate cut in a decade marks end of rising rates that boosted borrowing costs in recent years First rate cut in a decade marks end of rising rates that boosted borrowing costs in recent years

The U.S. Federal Reserve just saved Canadians who borrowed too much - The Globe and Mail

President Donald Trump declared himself unimpressed with the Federal Reserve’s quarter percentage point rate cut on Wednesday.President Donald Trump declared himself unimpressed with the Federal Reserve’s quarter percentage point rate cut on Wednesday.

Trump unimpressed with Fed rate cut: 'Powell let us down'

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The rate hike was widely expected.The rate hike was widely expected.

U.S. Federal Reserve bumps up interest rate, likely 1st of 3 hikes for 2018 - National | Globalnews.ca

The federal funds rate refers to the interest rate that banks charge other banks for lending them money from their reserve balances on an overnight basis.The federal funds rate refers to the interest rate that banks charge other banks for lending them money from their reserve balances on an overnight basis.

Federal Funds Rate Definition

Bloomberg - Are you a robot?

After more than a decade, the U.S. Federal Reserve (the Fed) cut interest rates Wednesday. Although this column will go to press before the Fed decision is...

What the new zero interest rate cycle means for you - Taha Meli Arvas - Daily Sabah

The jobs market in the U.S., and especially Texas, is so strong right now, that just about anyone who wants work can find something. The economy...The jobs market in the U.S., and especially Texas, is so strong right now, that just about anyone who wants work can find something. The economy...

Cut interest rates? Not at the high price of the Fed’s independence | Editorials | Dallas News

“The E.U. and China will further lower interest rates and pump money into their systems, making it much easier for their manufacturers to sell product. In the meantime, and with very low inflation, our Fed does nothing - and probably will do very little by comparison. Too bad!”

Donald J. Trump on Twitter: "The E.U. and China will further lower interest rates and pump money into their systems, making it much easier for their manufacturers to sell product. In the meantime, and with very low inflation, our Fed does nothing - and probably will do very little by comparison. Too bad!"

“What the Market wanted to hear from Jay Powell and the Federal Reserve was that this was the beginning of a lengthy and aggressive rate-cutting cycle which would keep pace with China, The European Union and other countries around the world....”

Donald J. Trump on Twitter: "What the Market wanted to hear from Jay Powell and the Federal Reserve was that this was the beginning of a lengthy and aggressive rate-cutting cycle which would keep pace with China, The European Union and other countries around the world...."

“The Fed’s decision to cut interest rates today undercuts the Trump-Republican argument that their tax cut for the biggest corporations and wealthiest few would spur business investment and be a ‘middle-class miracle.’”

Chuck Schumer on Twitter: "The Fed’s decision to cut interest rates today undercuts the Trump-Republican argument that their tax cut for the biggest corporations and wealthiest few would spur business investment and be a ‘middle-class miracle.’"

“Use market wide sell-offs based on fed jargon to pick up high quality stocks.”

Jim Cramer on Twitter: "Use market wide sell-offs based on fed jargon to pick up high quality stocks."

The Federal Reserve officially announced, on Wednesday afternoon, that it would be cutting interest rates for the first time since the Great Recession (interest rates had been slowly increasing since 2015). A variety of financial and political voices have been asserting that cutting interesting rate

Here’s why this financial writer fears Trump’s interference with the Fed could cause a re-run of the 2008 crash – Alternet.org

President Trump said Tuesday he wants a "large cut" in interest rates by the Federal Reserve when the central bank meets tomorrow.President Trump said Tuesday he wants a

Donald Trump urges Fed to deliver 'large' interest-rate cut this week - Washington Times

Wall Street turned negative after Federal Reserve Chairman Jerome Powell characterized the U.S. central bank's first rate cut since 2008 as a "mid-cycle adjustment to policy," suggesting the move was not the start of a lengthy series of rate cuts.Wall Street turned negative after Federal Reserve Chairman Jerome Powell charact...

U.S. markets gyrate after Fed cuts rates, stocks fall - Reuters

The S&P 500 fell as much 1.8% after the Federal Reserve cut its benchmark interest rate for the first time since the financial crisis.  The Fed l... The S&P 500 fell as much 1.8% after the Federal Reserve cut its benchmark interest rate for the first time since the financial crisis.  The Fed l...

Stocks fall sharply after the Fed's first rate cut in more than 10 years | Markets Insider

The Fed cut rates by a quarter point despite a solid economy, its first decrease since 2008. Slowing global growth and US-China trade war pose risks.The Fed cut rates by a quarter point despite a solid economy, its first decrease since 2008. Slowing global growth and US-China trade war pose risks.

Fed interest rate cut: Officials lowered key rate by quarter point

Canada's economic growth beats expectations, thanks to a rebound in manufacturingCanada's economic growth beats expectations, thanks to a rebound in manufacturing

As the Federal Reserve cuts rate, data today gives Bank of Canada one more reason not to | Financial Post

Investors greeted the Fed's rate cut with a mix of skepticism and open hostility.Investors greeted the Fed's rate cut with a mix of skepticism and open hostility.

‘They should really be ashamed:’ Wall Street blasts Fed for getting what it wanted