Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
The rally was a delayed yet emphatic response to the central bank’s decision Wednesday to cut interest rates by a half ...
Business Insider on MSN10h
The Fed's rate decision shows its focus has shifted from inflation to the labor marketInflation is no longer the central focus on the Federal Reserve, they said. The Federal Reserve has finally delivered its ...
Wall Street romped to records as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to ...
As rate cut expectations have steepened ... In the past few months, we’ve seen mild inflation data continue to roll in.
WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a ...
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