Fed unveils oversized rate cut as it gains 'greater confidence' about inflation
The U.S. central bank on Wednesday kicked off an anticipated series of interest rate cuts with a larger-than-usual half-percentage-point
September 18, 2024Your subscription includes
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The U.S. central bank on Wednesday kicked off an anticipated series of interest rate cuts with a larger-than-usual half-percentage-point
September 18, 2024The cracks in the labor market in Las Vegas and across Nevada have typically appeared early and widened fast when the U.S. economy
September 16, 2024Federal Reserve Chair Jerome Powell on Friday endorsed an imminent start to interest rate cuts, saying further cooling in the job
August 23, 2024Boston Federal Reserve President Susan Collins on Thursday expressed confidence the U.S. central bank will be able to bring
August 22, 2024Federal Reserve Chair Jerome Powell said on Wednesday interest rates could be cut as soon as September if the U.S. economy follows its expected
July 31, 2024The U.S. is "no longer an overheated economy" with a job market that has cooled from its pandemic-era extremes and in many ways is back where
July 09, 2024Federal Reserve policymakers look increasingly comfortable closing out the year with interest rates on hold and the clock ticking on the timing
April 26, 2024Federal Reserve policymakers look increasingly comfortable closing out the year with interest rates on hold and the clock ticking on the timing
April 26, 2024U.S.
July 02, 2024The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December as
July 02, 2024Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a
May 26, 2024The U.S. is "within striking distance" of the Federal Reserve's 2% inflation goal, but the central bank should not rush towards cuts in its
April 26, 2024The Federal Reserve left interest rates unchanged on Wednesday and U.S. central bank chief Jerome Powell said the historic tightening of
December 13, 2023The "golden path" some Federal Reserve officials see leading to lower inflation without high unemployment may, like the pot of gold at the end of
April 26, 2024The U.S.
April 26, 2024The outbreak of military conflict in the Middle East may leave central bankers battling new inflationary trends as well as deal a blow to economic
April 26, 2024The U.S.
May 16, 2024The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Friday, promising to move with care at upcoming meetings as he noted both progress made on easing price pressures as well as risks from the surprising strength of the U.S. economy. While not as hawkish a message as he delivered this time a year ago at the annual Jackson Hole Economic Policy Symposium, Powell’s remarks still delivered a punch, with investors now seeing one more rate hike by year-end more
August 25, 2023The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Friday, promising to move with care at upcoming meetings as he noted both progress made on easing price pressures as well as risks from the surprising strength of the U.S. economy. While not as hawkish a message as he delivered this time a year ago at the annual Jackson Hole Economic Policy Symposium, Powell’s remarks still delivered a punch, with investors now seeing one more rate hike by year-end more
August 25, 2023