Fed Rate Cuts - Boom Or Bust?
In September 2024, Jerome Powell announced the first Federal Funds Rate cut in over four years. The Federal Funds Rate is a short-term rate related to the cost of debt in the American economy. Some expected the Federal Reserve to cut only 25 basis points,
Fed’s emergency rate cuts affect your credit card — here’s how
The Fed cut interest rates again Sunday in an attempt to reduce “evolving risks to economic activity” caused by the coronavirus outbreak.
Fed's Daly says central bank likely on track for more rate cuts
Federal Reserve Bank of San Francisco President Mary Daly said on Tuesday the central bank remains on track for more rate cuts this year as long as data meets expectations, while noting that even with last month’s rate cut,
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”
Fed cuts interest rates again — why you should refinance debt now
The coronavirus has wreaked havoc on the economy, and in an emergency response, the Federal Reserve slashed interest rates by a full percentage point—the second rate cut in two weeks and the largest in Fed history.
Fed’s Daly open to skipping rate cut at one of two remaining meetings this year
San Francisco Fed President Mary Daly on Tuesday said she is open to skipping an interest-rate cut at one of the Federal Reserve’s two remaining policy meetings this year.
Fed's inflation, employment goals now balanced amid still-restrictive rates, Daly says
San Francisco Fed President Mary Daly discusses maintaining employment and reducing inflation to achieve Federal Reserve objectives.
Here’s how long it will take for inflation to hurt less, according to Fed’s Daly
Higher prices still sting for many American consumers — and they probably will for a while longer, Federal Reserve Bank of ...
The Fed Isn’t as Independent as It Seems
The interest-rate-setting Federal Reserve has never been truly isolated from the rest of government, Stephen Miran writes in ...
Interest Rates and the Fed: What Economists Expect for the Rest of 2024
That is where economists see short-term interest rates by the end of this year, implying two further, quarter-point cuts by ...
A Monetarist View Of Where The Fed Went Wrong On Inflation
Michael Bordo and Mickey Levy document the 50-year history of the Shadow Open Market Committee and highlight the differences ...
British inflation sends pound briefly below $1.30, dollar firm on Fed outlook, potential Trump win
Sterling tumbled to its lowest in two months on Wednesday after softer than expected British inflation data offered scope for ...
Fed Governor Waller says 'more caution' needed on rate cuts after data showing a hot economy
Federal Reserve Governor Christopher Waller said recent economic data shows the Fed should ease more cautiously after last ...
‘We are fed up’: Ballot drop boxes are dividing neighbors in Wisconsin
In one conservative Wisconsin county, the sheriff appeared onstage at a Donald Trump campaign rally last week to brag about ...
Rent or buy? How the Fed's mortgage rate changes can help you decide
Deciding to rent or buy is no easy task. There are pros and cons to both. But with interest rates at all-time lows thanks to ...