Fed cuts interest rates by a half point, signaling end to its inflation fight
The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing. Coming just weeks before the presidential election, the Fed’s move also has the potential to scramble the economic landscape just as Americans prepare to vote.
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest ...
For the last three years, the Federal Reserve has been fighting to bring inflation down. Now it has boldly moved to protect ...
Federal Reserve officials believe that inflation will cool faster than previously expected this year. In the summary of ...
Inflation has tumbled from a peak of 9.1% in mid-2022 to a three-year low of 2.5% in August, not far above the Fed’s 2% ...
1don MSNOpinion
By finally beginning to cut interest rates, the central bank is sending a strong message about the economy. Will voters hear ...
SINGAPORE - GIC group chief investment officer Jeffrey Jaensubhakij has warned that the market exuberance following its ...
The Fed’s decision Wednesday implies that the main battle against high inflation has been won, and all that’s left is ...
Analysis of economic factors driving decision-making, including inflation expectations, risk assets, unemployment rates, and ...
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