Federal Reserve

Federal Reserve: Rate Cut Expected Wednesday With More Easing Possible

The Federal Reserve is poised to implement a 25 basis-point interest rate cut on Wednesday, October 29, 2025. This move follows a series of indicators suggesting a cooling labor market and manageable inflation, prompting policymakers to act preemptively to sustain economic momentum. The anticipated reduction would lower the federal funds rate to a range of…

Oil Price

Oil Price Today: Crude Slips 2% as Traders Weigh Russia Sanctions and OPEC+ Plans

On Tuesday, October 28, 2025, crude oil prices experienced a notable decline, with Brent crude falling to $64.61 per barrel and West Texas Intermediate (WTI) dropping to $60.19 per barrel. This 2% drop marks the third consecutive day of losses, driven by a combination of factors, including oversupply concerns and the impact of new sanctions…