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Fed, rate cut
The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says
The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumbo rate cut will make matters worse.
Biden: Fed rate cut is "declaration of progress" on crushing inflation
President Biden said on Thursday that the Federal Reserve's interest rate cut signals the nation had entered a "new phase" during a speech that touted his economic record. Why it matters: Biden, who rarely speaks publicly about Fed policy decisions,
Fed unveils oversized rate cut as it gains 'greater confidence' about inflation
The Federal Reserve on Wednesday almost certainly will lower interest rates for the first time in more than four years as the U.S. central bank starts to reverse the restrictive conditions it imposed to beat back inflation,
The New York Times
20h
Inflation Is Ebbing. Now the Fed Must Protect Jobs.
For the last three years, the Federal Reserve has been fighting to bring
inflation
down. Now it has boldly moved to protect ...
syracuse.com
14h
Fed signals end to inflation fight with a sizable half-point rate cut
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% ...
19h
Fed Officials Forecast Higher Unemployment, Lower Inflation Than Three Months Ago
Federal Reserve officials signaled that unemployment might climb slightly higher by the end of the year. In their quarterly ...
1d
Fed Officials See Cooler Inflation Ahead This Year
Federal Reserve officials believe that inflation will cool faster than previously expected this year. In the summary of ...
2h
on MSN
Biden blasts Trump’s calls for reducing Fed’s independence, warning of potential for ‘enormous damage’ to economy
In a speech Thursday following the Federal Reserve’s interest-rate cut, President Joe Biden talked up the importance of the U ...
The San Bernardino Sun
1d
Is inflation cured? Fed’s giant rate cut turns focus to cooling job market
You might recall that in March 2022, the
Fed
began a battle against four-decades-high
inflation
with pricier financing.
WBUR
5h
Warren advocates for a bigger Fed rate cut, even as Wall Street cheers
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
Opinion
1d
Opinion
Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now.
Paul Krugman: I’m Paul Krugman. I’m an opinion writer for The New York Times, also a professor at the City University of New ...
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