Fed Officials See Cooler Inflation Ahead This Year
Federal Reserve officials believe that inflation will cool faster than previously expected this year. In the summary of ...
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Fed slashes interest rates by half a percentage point in bid to curb inflation without causing recession
Wall Street investors had bet that the central bank would opt for a jumbo interest rate cut over a quarter-point cut.
Did the Fed Wait Too Long to Act?
By finally beginning to cut interest rates, the central bank is sending a strong message about the economy. Will voters hear ...
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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% ...
The Fed's rate decision shows its focus has shifted from inflation to the labor market
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
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The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...