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Trump, Fed
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.
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.
Fed rate cut: How inflation and home loans have changed
Here’s how inflation and the cost of borrowing have changed since the Fed started raising interest rates in March 2022. After peaking at 9.1% in June 2022, inflation has eased, falling to a three-year low of 2.5% in August, just above the Fed’s 2% target rate.
1h
on MSN
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
14h
on MSN
Wall Street dips after rate cut rally, dollar firms
Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the ...
Morningstar
3d
Fed Rate Cut Shows the Main Battle Against Inflation Has Been Won
As
rate
cut
expectations have steepened ... To elaborate, that means that ongoing concerns about bringing
inflation
...
syracuse.com
2d
Fed signals end to inflation fight with a sizable half-point rate cut
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% ...
2d
on MSN
Dollar edges lower after Fed rate cut, Aussie, Norwegian crown outperform
The U.S. dollar edged lower on Thursday after a larger than usual interest rate cut from the U.S. Federal Reserve that had ...
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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