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Fed’s 1st rate cut in 4 years
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.
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.
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses.
2h
America’s inflation fight is ending, but it’s leaving a legacy
Even as the nation’s tumultuous pandemic economic era begins to approach its end, the period is destined to leave lingering ...
9h
on MSN
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.
7h
Interest Rates & Inflation: Bank Rate Held At 5% In Battle Against Persisent Price Rises
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
38m
Biden praises interest rate cuts, slams Trump’s economic plans in DC speech
Biden said the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he ...
10h
on MSN
Bank of England holds Bank Rate steady at 5%, urging sustainable path to target inflation
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
12h
Ukraine Extends Interest-Rate Pause as Inflation Flares Up
Ukraine’s central bank left interest rates unchanged for a second straight meeting in a sign that policymakers won’t tolerate ...
WTVF
1h
NFL teams are raising prices at a rate higher than inflation, including the Tennessee Titans
To go to a Titans game in 2013 the average ticket cost was $65. By 2023, the average ticket was $107 which represents a 64% ...
13h
on MSN
Bank of England expected to leave UK interest rates on hold today after jumbo Fed rate cut – business live
Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...
16h
Swiss Government Sees Sharp Drop in Inflation Rate Next Year
Switzerland’s government slashed its inflation forecasts, a move in line with expectations that the central bank will cut ...
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