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% ...
Americans are desperate for relief. The rate cut is a glimmer of hope.
The Federal Reserve’s interest-rate cut on Wednesday will take time to work its way through the American economy. And not ...
Berkshire Eagle50m
The Fed's half-point interest rate cut surprised the markets
The Fed's giant-sized rate cut may have at least delayed the downside that usually accompanies this seasonal period in the ...
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
Automotive News1h
How much auto demand will the Fed's 0.5-point rate cut produce?
The Federal Reserve cut its benchmark rate target 0.5 points on Sept. 18, which could reduce the market interest rates that ...
‘Powell delivered the stock market to the Promised Land.’ Why the S&P 500 could soar past 6,000 by year-end.
Warren Buffett has been raising cash probably because his Buffett Ratio (measured as the S&P 500’s price index to forward ...
The Fed Rate Cut, Mortgage, Auto And Credit Card Rates: What To Expect
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...
The Columbian2h
Stock market today: Wall Street edges back from its records as FedEx slumps
FedEx dragged on the market with a drop of 14.9% after its profit and revenue for the latest quarter fell short of analysts’ expectations. It said U.S. customers sent fewer packages through priority ...
The Lone Dissenter Inside the Fed Who Voted Against Powell’s Rate Cut
Governor Michelle Bowman, who supported a smaller cut, said she worries that moving too fast looks like ‘a premature ...
KTEN3h
What the Fed’s Rate Cutting Plans Mean for the Housing Market
On Wednesday, the Federal Reserve announced a 50-basis-point cut to the federal funds rate, while projecting a comparable reduction through the rest of the year. (A basis point is one ...
What lower rates mean for markets
With the Federal Reserve shifting gears and cutting interest rates by a half point, it’s time for investors, households and ...