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Fed’s historic rate cut and how it affects you
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% target.
Inflation Progress & Labor Market Cooling: The Fed’s Rate Cut Thinking
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest rate would not be appropriate going forward.
Why Fed bets were so out of whack: Waller explains what put him ‘over the edge’ for a jumbo rate cut
Inflation might actually fall too far, the Fed governor says, opening the door wider for more half-point interest-rate cuts.
10m
Jamie Dimon is skeptical about a soft landing and says Fed rate cut won’t affect the election
I am a little more skeptical than other people. I give it lower odds.” ...
4h
on MSN
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
20h
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
Morningstar
3d
Fed Rate Cut Shows the Main Battle Against Inflation Has Been Won
As
rate
cut
expectations have steepened ... To elaborate, that means that ongoing concerns about bringing
inflation
...
23h
Dollar’s Resilience in Face of Fed Cuts Is Disappointing Traders
Traders betting big on a weaker dollar are facing disappointment — at least for now — as the greenback remains resilient ...
1d
Biden celebrates lower interest rates, says he never spoke with Fed chairman
President Joe Biden called the Federal Reserve's decision to lower interest rats "good news" and says he never spoke to the ...
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