Business Insider on MSN8h
The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says
The Fed's decision to lower interest rates by a half-point comes in response to labor-market weakness. But the aggressive ...
The New York Times1d
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 ...
Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates
The annual inflation rate in August was 2.5%, but core inflation remained sticky at 3.2%, according to the latest Consumer ...
Morningstar2d
Inflation hangs over the Fed as it prepares to cut interest rates
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 ...
Sterling rises after UK inflation data and ahead of Fed
The British pound rose against the dollar on Wednesday after UK inflation data boosted the market view that the Bank of ...
Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now.
The economist and New York Times Opinion columnist Paul Krugman makes the case for aggressive rate cuts by the Federal ...
Fed Outsized Rate Cut Draws Muted Reaction, but Calm May Not Last
One reason for the muted market reaction on a close-to-close basis has to do with how asset prices moved in the days leading ...
Fed meeting today: Wall Street on edge over historic interest-rate decision
The U.S. economy is on track to expand at a 2% pace in 2024 and repeat that level of growth for the next three years, the Fed predicted. The Fed slightly lowered its estimate for gross domestic ...