rate cut inflation news - Search News

Fed’s 1st rate cut in 4 years

CBS News on MSN · 7h

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.

Reuters on MSN · 1d

Fed unveils oversized rate cut as it gains 'greater confidence' about inflation

The Federal Reserve on Wednesday almost certainly will lower interest rates for the first time in more than four years as the U.S. central bank starts to reverse the restrictive conditions it imposed to beat back inflation,

The New York Times · 8h

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.

6hon MSN

Dow, S&P 500 Hit Records After Rate Cut

The rally was a delayed yet emphatic response to the central bank’s decision Wednesday to cut interest rates by a half ...

18hon MSN

Biden to hail US economic progress after Fed rate cut, no victory lap yet, officials say

U.S. President Joe Biden will tout progress in bringing down inflation and boosting employment on Thursday after the Federal ...

Business Insider on MSN13h

The Fed's rate decision shows its focus has shifted from inflation to the labor market

Inflation is no longer the central focus on the Federal Reserve, they said. The Federal Reserve has finally delivered its ...

Fed Rate Cut Shows the Main Battle Against Inflation Has Been Won

As rate cut expectations have steepened ... In the past few months, we’ve seen mild inflation data continue to roll in.

6hon MSN

Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world

Wall Street romped to records as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to ...

1d

MAGA Fans at Vance Rally Boo Rate Cut That Will ‘Alleviate Inflation’

A crowd assembled to hear Republican vice presidential candidate JD Vance speak on Wednesday reacted strongly to a reporter’s ...

16hon MSN

Bank of England holds rates at 5%

The Bank of England has held interest rates at 5 per cent after inflation remained steady in August, but indicated it may ...

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