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 central bank’s role in the race between Vice President Kamala Harris and former President Donald Trump on Wednesday,
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...
Reaction from Trump world shows the fight is now over who gets credit for what looks like a soft economic landing: "Why ...
The Fed’s decision meets the theoretical economic rules but there is an intuitive question about whether such a large cut was ...
Credit cards, mortgages and savings will be affected when the Federal Reserve makes its expected rate cut. The question this ...
Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is ...
Layoff announcements climbed 193% over the last month, according to a report from the consultancy Challenger, Gray, & ...
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...
The U.S. economy is on track to expand at a 2% pace in 2024 and repeat that level of growth for the next three years, the Fed predicted. The Fed slightly lowered its estimate for gross domestic ...
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