The Federal Reserve has lowered its benchmark interest rate by a quarter percentage point, in a highly anticipated decision surrounded by extraordinary political drama. The 11-1 decision supported by ...
As investors cheered Federal Reserve Chair Jerome Powell's signal on Friday of possibly lower interest rates, there was one downside to traders' expectations for rate cuts to stretch into 2026: the ...
Investors appeared to be moving with more caution on Tuesday given the potential risks that may arise from Wednesday's Federal Reserve policy update, according to Daniela Sabin Hathorn, senior market ...
NEW YORK, Aug 19 (Reuters) - As U.S. debt swells and the White House leans on the Federal Reserve to cut interest rates, investors are weighing the risk of "fiscal dominance," a scenario where keeping ...
BlackRock Municipal Income Trust II offers a tax-free yield of around 5.5%, focusing on long-term, investment-grade municipal bonds with significant interest rate risk. BLE employs leverage and ...