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Fed, rate cut
Biden: Fed rate cut is "declaration of progress" on crushing inflation
President Biden said on Thursday that the Federal Reserve's interest rate cut signals the nation had entered a "new phase" during a speech that touted his economic record. Why it matters: Biden, who rarely speaks publicly about Fed policy decisions,
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut
The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in inflation, a former Kansas City Federal Reserve president said on Thursday. "They are gambling that they have inflation under control,
Business Insider on MSN
11h
The Fed's rate decision shows its focus has shifted from inflation to the labor market
The Federal Reserve has finally delivered its first interest-
rate
cut
in four years — and a jumbo-sized ... perceived ...
Morningstar
2d
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
18h
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 MSN
7h
The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says
The
Fed
's decision to lower interest rates by a half-point comes in response to labor-market weakness. But the aggressive ...
14h
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
Fed Officials Forecast Higher Unemployment, Lower Inflation Than Three Months Ago
Federal Reserve officials signaled that unemployment might climb slightly higher by the end of the year. In their quarterly ...
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