Fed Officials See Cooler Inflation Ahead This Year
Federal Reserve officials believe that inflation will cool faster than previously expected this year. In the summary of ...
New York Post on MSN2d
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.
syracuse.com1d
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% ...
Business Insider on MSN1d
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 ...
penncapital-star14h
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 ...