Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
U.S. stocks gained following the release of the statement and updated quarterly economic projections before reversing course ...
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The US Federal Reserve's decision to cut interest rates by half a percentage point gives consumers a much-needed ...
By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares rose to record highs on Friday, as an outsized interest rate ...
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
2don MSN
Fed Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the ...
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