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Fed, inflation
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.
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the US economy a soft landing.
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
3d
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 ...
cryptoglobe
2d
Fed Chair Jerome Powell Announces Major Rate Cut as U.S. Inflation Drops Sharply; What Now?
With inflation now at 2.2%, Fed Chair Jerome Powell announced a significant interest rate cut. What’s next for the U.S.
Business Insider on MSN
2d
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 ...
Morningstar
3d
Fed Rate Cut Shows the Main Battle Against Inflation Has Been Won
The
Fed
’s decision Wednesday implies that the main battle against high
inflation
has been won, and all that’s left is ...
penncapital-star
1d
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 ...
1d
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 ...
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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