Fed’s Waller Sees More Rate Cuts, Inflation Below 2%, and a Strong Economy Ahead
We’re at a point where the economy is strong, inflation is coming down, and we want to keep it that way,” Waller said during an interview with CNBC on Friday. Waller has se
So we’re expecting a rate cut. When will we start to see a difference in the economy?
If you’ve been anxiously awaiting financial relief from the Federal Reserve, you are about to get a rude awakening.
What the Fed’s Big Rate Cut Reveals About the Economy
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank overstepped its bounds.
Fed goes with half-point interest rate cut. What that means.
In the end, the Fed decided to go big. The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years and cheering markets that expected an emphatic move amid a softening jobs picture.
Dollar’s Resilience in Face of Fed Cuts Is Disappointing Traders
Traders betting big on a weaker dollar are facing disappointment — at least for now — as the greenback remains resilient following the Federal Reserve’s half-point interest-rate cut.
Dollar edges lower in choppy trading after Fed rate cut
The U.S. dollar edged slightly lower in choppy trading on Wednesday as markets grappled with the supersized 50 basis point interest rate cut as well as the switch to an easing monetary policy stance delivered by the Federal Reserve.
The US economy could get hit by a double whammy on September 30, if 2 major negotiations are not hammered out
Congress needs to pass a spending bill by September 30 to avoid a partial government shutdown. Dockworkers and ports must ...
FedEx earnings miss could signal a slowing economy
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
Voters split on whether Harris or Trump would do a better job on the economy: poll
Going into November’s election, neither Kamala Harris nor Donald Trump has a decisive edge with the public on the economy, ...
One number shows why the economy might not get the immediate relief many hope for
For consumers to get more relief in the form of lower borrowing costs, the 10-year Treasury yield needs to move lower.
Jumbo Rate Cut Was To Defend ‘Basically Fine’ Economy, Powell Says
“The U.S. economy is in good shape,” Powell said. “It's growing at a solid pace. Inflation is coming down. The labor market ...
PM accused of 'disheartening' economy messaging
The UK government is creating a "disheartening and dispiriting" atmosphere with its gloomy messages on the economy and public ...
Asian Creators Redefine Success in the Creator Economy
John Hu, CEO & Founder of Stan, wins Startup of the Year award at the inaugural Asian Creator Awards. Andrew Ge. On September ...
Voters split on whether Harris or Trump would do a better job on the economy: AP-NORC poll
A new poll finds neither Kamala Harris nor Donald Trump has a decisive edge with the public on the economy, turning an issue ...
Italy Targets Primary Budget Balance in 2024, Economy Minister Says
"I believe that as early as 2024 We will achieve the goal of a balanced primary budget," Minister Giancarlo Giorgetti said ...