What the first interest rate cut in 4 years means for the Fed’s fight against inflation
The Federal Reserve cut interest rates for the first time in four years with an aggressive move that lowers its benchmark rate by a half percentage point. The Fed also said it intended to lower interest rates by a full point before the year is out.
Jay Powell argued this week that the Fed is not "behind" as it starts a cycle of interest rate cuts. His main challenge in ...
The monetary easing cycle in the U.S. almost certainly starts Wednesday and by the time Fed Chairman Jay Powell steps up to ...
During the Fed’s post-cut press conference on Wednesday, when asked about the current level of job creation, chair Jay Powell said this: It depends on the inflows. If you are having millions of people ...
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
Washington | The US Federal Reserve’s decision for a super-sized interest rate cut is Jay Powell’s attempt to cement ...
Federal Reserve puts on enormous party hat’ Katie Martin A great moment in history has arrived. Rob Armstrong was ...
The labour market and inflation data haven’t exactly screamed for a massive cut, but that hasn’t stopped the market from placing its bets. With a 50bp cut looking like a sure thing, disappointment ...
After a jumbo September rate cut, officials predict a continued economic growth and a gradual decline in interest rates.
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