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Here’s what Fed interest rate cut means for your finances
Inflation Progress & Labor Market Cooling: The Fed’s Rate Cut Thinking
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest rate would not be appropriate going forward.
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% target.
Fed’s Bowman Defends ‘No’ Vote on Jumbo Cut. Inflation Is Still Too High.
The Federal Reserve governor said she thought a half-point cut could be seen as a “premature declaration of victory.”
Opinion
2d
on MSN
Opinion
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 ...
Business Insider on MSN
1d
The Fed's rate decision shows its focus has shifted from inflation to the labor market
What caused some to take note was the perceived reason for the depth of the cuts. While
inflation
has long been seen as the ...
penncapital-star
22h
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 ...
1d
Diverging Central Bank Strategies: Fed, BoE, and BoJ Face Inflation and Market Risks
While the Fed cuts rates, the BoE stays cautious, and the BoJ holds steady. Discover how each central bank is tackling ...
1d
Biden celebrates lower interest rates, says he never spoke with Fed chairman
President Joe Biden called the Federal Reserve's decision to lower interest rats "good news" and says he never spoke to the ...
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