Fed vice chair: Discount window ‘effective’ but still needs to evolve Banking October 10, 2024 Federal Reserve Vice Chair Philip Jefferson.Anna Rose Layden/Bloomberg Change is coming to one of the Federal Reserve’s oldest policy tools,…
Fed officials were divided on whether to cut rates by half a point in September, minutes show Finance News October 10, 2024 WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to…
Fed rate cuts should favor preferred stocks, Virtus fund manager says Finance News October 6, 2024 One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as…
