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Fed 50-Basis-Point Rate Cut Could be Seen
Fed’s Bowman Defends ‘No’ Vote on Jumbo Cut. Inflation Is Still Too High.
The Federal Reserve governor said she thought a half-point cut could be seen as a “premature declaration of victory.”
Fed’s Waller Says Slowing Inflation Led Him to Support Large Rate Cut
Federal Reserve Governor Christopher Waller said favorable inflation data, and not worries about the labor market, are what convinced him to support policymakers’ decision to lower interest rates by a half percentage point this week.
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.
New York Post on MSN
2d
Fed slashes interest rates by half a percentage point in bid to curb inflation without causing recession
Wall Street investors had bet that the central bank would opt for a jumbo interest rate cut over a quarter-point cut.
Opinion
2d
on MSN
Opinion
Did the Fed Wait Too Long to Act?
By finally beginning to cut interest rates, the central bank is sending a strong message about the economy. Will voters hear ...
Business Insider on MSN
1d
The Fed's rate decision shows its focus has shifted from inflation to the labor market
What caused some to take note was the perceived reason for the depth of the cuts. While
inflation
has long been seen as the ...
penncapital-star
15h
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
19h
Diverging Central Bank Strategies: Fed, BoE, and BoJ Face Inflation and Market Risks
While the Fed cuts rates, the BoE stays cautious, and the BoJ holds steady. Discover how each central bank is tackling ...
10h
on MSN
Magnificent Seven stocks are riding high again after Fed cut
If the Fed does fail to achieve a “soft-landing,” Nvidia, Tesla and others can be viewed as a potential defensive play for ...
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 ...
1d
on MSN
The Fed's 50 basis point rate cut won't do anything to stop a recession, economist David Rosenberg says
"The best thing I ever did was to follow my instincts and judgement and not waver or throw the towel in," David Rosenberg ...
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