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U.S. Fed Officials Were Divided on Sep. Rate Cut
Fed Vice Chair Jefferson: Sept rate cut was 'timely'
The Federal Reserve's 50-basis-point interest-rate cut last month was "timely" and was neither reactive, nor proactive, Fed Vice Chair Philip Jefferson said on Tuesday. "It was timely and consistent" with the Fed's two mandates of attaining 2% inflation and maximum employment,
Fed Chair Powell says the US economy is in 'solid shape' with gradual rate cuts coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy
What The Fed’s Rate Cut Means For Your Money
Looking ahead, the Fed expects to make further rate cuts— possibly another 0.50% in 2024 and 1.0% more in 2025. Additionally, the Federal Reserve now expects the unemployment rate to rise to 4.4% in 2024, and inflation to come down to 2.3%.
1d
on MSN
1JPM : Trump Advisor's Proposal Of 'Shadow Fed Chair' Turning Jerome...
Renowned economist Claudia Sahm expressed concerns over a proposal by a Trump advisor to establish a "shadow Fed chair," ...
1d
How Trump Could Undermine Fed Chair Powell Without Firing Him: Adviser
Fed Chair Jerome Powell has long been a thorn in Donald Trump’s side. In an interview with Barron’s, Scott Bessent, a close ...
1h
on MSN
The Federal Reserve may have pretty much just hit its 2% inflation target
This week's inflation data provided more evidence that the Federal Reserve is nearing its 2% objective, a mark that Goldman ...
American Banker
2d
Fed vice chair: Discount window 'effective' but still needs to evolve
Federal Reserve Vice Chair Philip Jefferson discussed the history of the central bank's last-resort lending facility. He ...
8d
A Former Fed Vice Chair Sizes Up Rates, the Economy, and Powell
Roger Ferguson gives the Federal Reserve high marks for making a jumbo rate cut to get ahead of any labor-market weakness.
davidson
1d
Fed Vice Chair Jefferson Talks Monetary Policy at Davidson
The Federal Reserve’s Vice Chair Philip Jefferson shared insights with students and a public audience at Davidson College ...
Missourinet
4d
Former KC Federal Reserve Bank chair worried about federal debt
A warning about the growing national debt comes from the former president of Kansas City’s Federal Reserve Bank. Thomas ...
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