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Fed, rate cut
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.
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.
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the US economy a soft landing.
1h
The Fed sees its inflation fight as a success. Will the public eventually agree?
With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that ...
Morningstar
5d
Fed Rate Cut Shows the Main Battle Against Inflation Has Been Won
As
rate
cut
expectations have steepened ... To elaborate, that means that ongoing concerns about bringing
inflation
...
1d
Fed Slashes Rates Aggressively With Larger Half-Point Cut: Prepare for Lower Mortgages
Fed policymakers announced the half-point rate cut on Wednesday, bringing the central bank's effective benchmark rate to ...
3d
on MSN
Dollar edges lower after Fed rate cut, Aussie, Norwegian crown outperform
The U.S. dollar edged lower on Thursday after a larger than usual interest rate cut from the U.S. Federal Reserve that had ...
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