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.
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 central bank’s role in the race between Vice President Kamala Harris and former President Donald Trump on Wednesday,
Macon Telegraph on MSN1d
Fed cuts key interest rate half a point as inflation eases. Will borrowers get a break?The Federal Reserve cut its key interest rates half a percentage point Wednesday, a strong move that reverses two years of ...
The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in ...
With inflation cooling and worries about the job market spreading, the central bank is expected to announce a long-awaited ...
Business Insider on MSN20h
The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst saysThe Fed's decision to lower interest rates by a half-point comes in response to labor-market weakness. But the aggressive ...
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
Federal Reserve Chair Jerome Powell is overseeing the beginning of the end of the sharpest U.S. central-bank tightening cycle since former Fed Chair Paul Volcker whipped inflation in the early ...
The CPI report notably flashed an unexpected rise of "core" month-over-month inflation, which experts attributed to service ...
Federal Reserve officials believe that inflation will cool faster than previously expected this year. In the summary of ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback