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.
Federal Reserve officials believe that inflation will cool faster than previously expected this year. In the summary of ...
For the last three years, the Federal Reserve has been fighting to bring inflation down. Now it has boldly moved to protect ...
Inflation has tumbled from a peak of 9.1% in mid-2022 to a three-year low of 2.5% in August, not far above the Fed’s 2% ...
With inflation now at 2.2%, Fed Chair Jerome Powell announced a significant interest rate cut. What’s next for the U.S.
Core CPI came in hot in August, and many on Wall Street think rate-cut expectations are too high.
The Fed’s decision Wednesday implies that the main battle against high inflation has been won, and all that’s left is ...
Analysis of economic factors driving decision-making, including inflation expectations, risk assets, unemployment rates, and ...
The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and ...
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