Biden says Federal Reserve made ‘declaration of progress’ with interest rate cut
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased.
3 Things to Do Before the Federal Reserve Cuts Rates Again
Take steps to shore up your credit and access high-interest savings options before the next Fed rate cut. Read on to learn other smart moves to make now.
Federal Reserve lowers interest rates by 0.50 percentage points in first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Federal officials to cut interest rates by half-percent. What it means for Kentuckians
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point reduction. The CME FedWatch forecast tracker favored a half-point cut by a 55-45 margin at midday. (Earlier Wednesday, forecasters rated the probability of a half-point reduction even higher.)
BlackRock's Larry Fink says market is pricing too many interest-rate cuts from US Fed
Speaking to Bloomberg, BlackRock Chairman Larry Fink has said while there’s room for easing more, it is not as much as the forward curve would indicate.
BlackRock CEO Fink Sees Less Systemic Risk in Markets
BlackRock CEO Larry Fink discusses the impact of geopolitical risks and demographic shifts on the global financial system. "I would argue today, because of the expansion of the global capital markets,
Did the Federal Reserve go too far with its half-point reduction?
NO: The Federal Reserve simply gave more priority to softening employment data rather than focusing solely on inflation ...
extension.purdue.edu6d
Capital Comments: The Federal Reserve Makes Its Move
The Federal Reserve’s press release from Sept. 18 said it would “lower the target range for the federal funds rate by 1/2 ...
The Federal Funds rate 2024: Interest rate set by the Federal Reserve
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
The Economist6d
Why the Federal Reserve is split on the future of interest rates
Their latest update, published on September 18th, revealed that their views on long-term interest rates are the most ...
The Federal Reserve’s insurance policy
No wonder many have characterised the Fed’s interest rate stance as an “insurance policy”. Its beneficial impact comes with ...
News-Press NOW1h
Former Federal Reserve president speaks at St. Joseph Economic Development Summit
Members of the St. Joseph Chamber of Commerce focused on the city’s recent successes and the overall economy at the annual ...
Federal Reserve: Don't Move Too Fast
Fed Governor Bowman warns against interpreting rate cuts as signs of economic weakness, stressing the risks of stoking ...
Detroit Free Press looking for new home, to vacate newsroom in former Federal Reserve
The Detroit Free Press is looking for a new home as it will need to vacate its newsroom inside the former Federal Reserve Building by the end of 2024.
Will the Federal Reserve Stick a Soft Landing?
Economists are watching whether the Federal Reserve can achieve a “soft landing” by bringing inflation down to its target ...